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XAUUSD Technical Analysis: July 17 Gold Range at 3340

XAUUSD Technical Analysis: July 17 Gold Range at 3340

XAUUSD Technical Analysis for July 17, 2025: Gold’s price action is capturing trader attention as it hovers in a tightening range near the 3340 level. This XAUUSD Technical Analysis uses only RSI, moving average (MA), and MACD to provide a clear, objective outlook for gold’s next move.

XAUUSD Technical Analysis July 17, 2025: RSI, MA, MACD signals for gold

Source: cTrader platform

XAUUSD Technical Analysis: Market Structure for July 17

As of July 17, XAUUSD remains in a sideways pattern, locked between a stubborn resistance at 3355 and key support at 3330. The price recently retreated from highs above 3365 and now trades near 3340. The 50-period MA (yellow line) is converging closely with price, while the 200-period MA (red line) acts as a dynamic baseline. Bulls and bears are in a deadlock, awaiting a clear breakout.

RSI, MA, and MACD: XAUUSD Technical Analysis Signals

The RSI is currently drifting in neutral territory, hovering around 45–50, signaling a lack of momentum from both buyers and sellers. This further confirms the range-bound nature of XAUUSD. The moving averages are flattening, with the 50-period MA crisscrossing price action—a hallmark of consolidation. MACD lines are converging just above the zero line, and histogram bars are shrinking, indicating fading momentum and the need for a new directional impulse for a clear trend to develop.

Primary Scenario: Range Breakout Play

Entry: Buy if XAUUSD closes above 3355 with strong MACD and RSI confirmation. Stop-Loss: Below 3340, as a drop back into the range invalidates the bullish breakout. Target: 3368 and higher if momentum accelerates. This setup is validated only if the RSI pushes above 55 and MACD shows a bullish crossover above zero.

Alternative Scenario: Range Rejection & Downside Probe

If XAUUSD is rejected from 3355 and falls below 3330, a bearish scenario emerges. A breakdown below 3330 with MACD crossing negative and RSI slipping under 40 could trigger selling toward 3315. Watch for confirmation from both the moving average slope and RSI/MACD signals before entering.

Conclusion

This XAUUSD Technical Analysis highlights a market trapped in a tight range, with support at 3330 and resistance at 3355. RSI and MACD confirm indecision, while flattening MAs underscore the absence of a strong trend. A breakout beyond these boundaries, confirmed by RSI and MACD, will provide the next tradable impulse for XAUUSD.

Stay tuned for the latest updates right here on FIXIO Blog.

※Disclaimer: This content is provided for informational purposes only and does not constitute investment advice. Please be sure to conduct your own research.

XAUUSD Technical Analysis for July 17: Gold is stuck in a tight range near 3340. RSI, MA, and MACD signals point to a key breakout ahead.

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David Wilson
Author

David Wilson has extensive experience in currency and commodities trading. He began his career in metal sales and trading at Societe Generale in London. He went on to work as a senior analyst within the FX industry where he developed and refined his own trading and risk management strategies. Having a solid understanding of market dynamics, he founded his own research and asset management services and works with FIXIO to provide timely market commentary on the global financial markets.

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