XAUUSD Technical Analysis comes into sharp focus as gold surges near the 2350 level on July 7, 2025, following a significant breakout. This analysis delivers a disciplined view, drawing exclusively on technical analysis signals from RSI, moving average (MA), and MACD to clarify the scenarios for XAUUSD as gold targets new highs.
Source: cTrader platform
Gold (XAUUSD) has staged an impressive rally, breaking decisively above prior resistance and now consolidating just below the 2350 mark. This surge follows a period of consolidation and range trading, with buyers firmly in control after a series of higher lows and strong bullish candles. The market's sentiment has shifted positive, with traders watching to see if gold can sustain momentum above this critical threshold.
The signals are clear when we confine our view to the RSI, moving average, and MACD:
| Entry | Buy on a sustained move above 2350. |
|---|---|
| Stop-Loss | Place stops below the 2325 support area, just beneath the nearest moving average. |
| Target | 2380 as the next bullish extension, with potential for further upside if momentum persists. |
| Rationale | All three indicators (RSI, MA, MACD) align for a bullish continuation, with no immediate signs of reversal. A decisive break above 2350 would likely trigger additional buying and algorithmic flows. |
Should price fail to close above 2350 or if the RSI quickly reverses from overbought levels, a pullback toward 2325–2330 may develop. Watch for the MACD histogram to flatten or turn down and for price to lose support at the short-term MA. In this case, short-term sellers could target the 2325 level, using a stop above the 2350 swing high.
XAUUSD is at a decisive inflection point after its powerful breakout toward 2350. RSI, MA, and MACD all signal bullish continuation, but traders should be mindful of potential overbought conditions. The key levels to watch are 2350 for bullish momentum and 2325 as the immediate support. Stick to your strategy and let the indicators guide your next move.
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※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 7, 2025. Gold eyes 2350 after breakout. See the latest RSI, MA, and MACD signals for gold traders.
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