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🟡 XAUUSD Daily Market Analysis—June 24, 2025

  • Neom
  • Jun 24
  • 4 min read

Introduction

As we delve into the XAUUSD market analysis for June 24, 2025, we will examine crucial price levels, key indicators, and upcoming USD news that may impact gold prices. With the current live price of gold at 3,348 USD 💰, our analysis will utilize various technical indicators, including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), Relative Strength Index (RSI) divergence, and more to provide a comprehensive overview for traders and investors.

Market Overview

Current Price: 3,348 USD 💵

The gold market is experiencing notable fluctuations, reflecting broader economic conditions and investor sentiment. With a swing high at 3,451 USD and swing low at 3,293 USD, we must analyze the market using both daily and 4-hour time frames to identify potential trading opportunities.

Technical Analysis

Support & Resistance Levels

Daily Time Frame

  • Support Levels:

    • 1st Support: 3,293 USD 🔻

    • 2nd Support: 3,320 USD (approximate) 🔻

    • 3rd Support: 3,340 USD (approximate) 🔻


  • Resistance Levels:

    • 1st Resistance: 3,400 USD (approximate) 🔺

    • 2nd Resistance: 3,425 USD (approximate) 🔺

    • 3rd Resistance: 3,451 USD 🔺

4-Hour Time Frame

  • Support Levels:

    • 1st Support: 3,300 USD (approximate) 🔻

    • 2nd Support: 3,320 USD (approximate) 🔻

    • 3rd Support: 3,340 USD (approximate) 🔻

  • Resistance Levels:

    • 1st Resistance: 3,360 USD (approximate) 🔺

    • 2nd Resistance: 3,400 USD (approximate) 🔺

    • 3rd Resistance: 3,425 USD 🔺

Fibonacci Retracement Levels

Using the Fibonacci retracement tool, we identify key levels based on the daily swing high and swing low:

  • 23.6% Level: 3,340 USD 📏

  • 38.2% Level: 3,320 USD 📏

  • 61.8% Level: 3,293 USD 📏

These levels provide insight into potential reversal points and areas of interest for traders.

Exponential Moving Averages (EMA)

Daily Time Frame

  • EMA 50: 3,335 USD 📊

  • EMA 100: 3,310 USD 📊

  • EMA 200: 3,280 USD 📊

  • EMA 400: 3,250 USD 📊

4-Hour Time Frame

  • EMA 50: 3,342 USD 📊

  • EMA 100: 3,330 USD 📊

  • EMA 200: 3,310 USD 📊

  • EMA 400: 3,290 USD 📊

The EMAs indicate the overall trend direction and potential support/resistance zones, with the shorter EMAs reacting more quickly to price changes.

RSI Divergence

The Relative Strength Index (RSI) is currently showing signs of divergence. As gold prices approach resistance levels, the RSI indicates potential overbought conditions, suggesting a possible price correction. Traders should monitor this closely for confirmation of a reversal. 📉

Order Blocks

Identifying order blocks helps traders understand where significant buying or selling has occurred. Current order blocks can be observed near:

  • Buy Order Block: 3,320 USD 🟢

  • Sell Order Block: 3,400 USD 🔴

These levels are critical for understanding market sentiment and potential price action.

MACD Analysis

The Moving Average Convergence Divergence (MACD) indicator is currently showing a bullish crossover, suggesting upward momentum. However, traders should be cautious of potential corrections as the price approaches key resistance levels. 📈

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Summary of Key Levels

Daily & 4-Hour Support and Resistance

  • Daily Support: 3,293 USD 🔻, 3,320 USD 🔻, 3,340 USD 🔻

  • Daily Resistance: 3,400 USD 🔺, 3,425 USD 🔺, 3,451 USD 🔺

  • 4-Hour Support: 3,300 USD 🔻, 3,320 USD 🔻, 3,340 USD 🔻

  • 4-Hour Resistance: 3,360 USD 🔺, 3,400 USD 🔺, 3,425 USD 🔺

Exponential Moving Average (EMA) Levels

  • Daily EMA 50: 3,335 USD 📊

  • Daily EMA 100: 3,310 USD 📊

  • Daily EMA 200: 3,280 USD 📊

  • Daily EMA 400: 3,250 USD 📊

  • 4-Hour EMA 50: 3,342 USD 📊

  • 4-Hour EMA 100: 3,330 USD 📊

  • 4-Hour EMA 200: 3,310 USD 📊

  • 4-Hour EMA 400: 3,290 USD 📊

Weekly Pivots

  • 1st Level: 3,345 USD 📈

  • 2nd Level: 3,335 USD 📈

  • 3rd Level: 3,325 USD 📈

Daily Pivots

  • 1st Level: 3,340 USD 📈

  • 2nd Level: 3,330 USD 📈

  • 3rd Level: 3,320 USD 📈

Fibonacci Retracement Levels

  • 23.6% Level: 3,340 USD 📏

  • 38.2% Level: 3,320 USD 📏

  • 61.8% Level: 3,293 USD 📏

Fundamental Analysis and Upcoming USD News

As we look ahead, several key USD news events are scheduled that could significantly influence the gold market:

  • Federal Reserve Interest Rate Decision: Scheduled for next week, this announcement will impact gold prices as traders react to potential changes in monetary policy. 🏦

  • Non-Farm Payrolls Report: Due to be released in the coming weeks, this report will provide insights into employment trends and economic health, influencing investor sentiment towards gold. 📊

  • Inflation Data Release: Upcoming inflation figures will be critical in shaping expectations around interest rates and the overall economic outlook, directly affecting gold demand. 💹

Traders should remain vigilant and prepared for potential volatility surrounding these events, as they can lead to significant price movements in the gold market.

Conclusion

In conclusion, the XAUUSD market analysis for June 24, 2025, highlights critical technical levels and indicators that traders should monitor closely. With the current price at 3,348 USD 💵, understanding support and resistance levels, EMAs, and upcoming economic data will be essential for making informed trading decisions. Keep an eye on the market as it reacts to both technical signals and fundamental news, ensuring you are well-positioned to capitalize on potential opportunities. 🚀


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