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Gold XAUUSD Daily Market Analysis—May 2, 2025 by K9 Investments Trading

  • Writer: K9 Investments
    K9 Investments
  • May 2
  • 3 min read

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Current Market Overview

As of now, the live market price of Gold (XAUUSD) is 3255 USD. The gold market remains dynamic, influenced by various economic factors and trading strategies. This analysis will provide insights into the daily and 4-hour time frames, utilizing essential indicators such as Fibonacci Retracement Levels, EMA, RSI divergence, and more.


Comprehensive Market Analysis

Support & Resistance Levels

On the daily and 4-hour time frames, identifying support and resistance levels is crucial for making informed trading decisions.

  • Daily Support Levels:

    • Level 1: 3200 USD

    • Level 2: 3180 USD

    • Level 3: 3150 USD

  • Daily Resistance Levels:

    • Level 1: 3300 USD

    • Level 2: 3325 USD

    • Level 3: 3350 USD

Fibonacci Retracement Levels

Fibonacci levels help traders identify potential reversal points. Based on the recent daily swing high and low, the key Fibonacci levels are:

  • 23.6% Retracement: 3270 USD

  • 38.2% Retracement: 3250 USD

  • 61.8% Retracement: 3220 USD

Exponential Moving Averages (EMA)

The EMA is a vital indicator for determining market trends. Here are the EMA levels based on the current market price:

  • Daily Time Frame:

    • EMA 50: 3260 USD

    • EMA 100: 3245 USD

    • EMA 200: 3220 USD

    • EMA 400: 3190 USD

  • 4-Hour Time Frame:

    • EMA 50: 3255 USD

    • EMA 100: 3240 USD

    • EMA 200: 3230 USD

    • EMA 400: 3215 USD

RSI Divergence

The Relative Strength Index (RSI) is currently showing a divergence, indicating potential market reversals. A reading above 70 suggests overbought conditions, while below 30 indicates oversold.

Order Blocks

Identifying order blocks helps in understanding where significant buying or selling has occurred. The recent order blocks can be observed around the support and resistance levels mentioned above.

MACD Analysis

The Moving Average Convergence Divergence (MACD) indicates the strength of the trend. Currently, the MACD line is above the signal line, suggesting bullish momentum.

Fundamental Analysis and Upcoming USD News

Keeping an eye on upcoming USD news is essential for understanding its impact on the Gold market. This week, the following events are noteworthy:

  • Non-Farm Payrolls Report: Anticipated to show employment growth, affecting USD strength.

  • Consumer Price Index (CPI) Data: Expected to provide insights into inflation, influencing Gold prices.


    Here’s a mind map based on the XAUUSD Daily Analysis for May 2, 2025

Summary

💡 Gold XAUUSD Daily Analysis Summary by K9 Investments Trading

For more insights, contact us via WhatsApp here or join our FREE Telegram Channel @K9_Investments_GoldTrading here.

Key Levels

  • Daily Support and Resistance:

    • Support: 3200, 3180, 3150 USD

    • Resistance: 3300, 3325, 3350 USD

  • Exponential Moving Averages:

    • Daily: EMA 50 (3260), EMA 100 (3245), EMA 200 (3220), EMA 400 (3190)

    • 4-Hour: EMA 50 (3255), EMA 100 (3240), EMA 200 (3230), EMA 400 (3215)

  • Weekly Pivots:

    • Pivot Point: 3250 USD

    • Support: 3220, 3200 USD

    • Resistance: 3280, 3300 USD

  • Daily Pivots:

    • Pivot Point: 3260 USD

    • Support: 3240, 3220 USD

    • Resistance: 3280, 3300 USD

  • Fibonacci Levels:

    • 23.6% (3270), 38.2% (3250), 61.8% (3220)

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