Gold’s recent rally has lost steam, with XAUUSD stalling near the 3330 level as of July 8, 2025. This XAUUSD Technical Analysis delivers an in-depth look at gold price action using only technical analysis tools: RSI, moving average (MA), and MACD. We focus on key support, resistance, and actionable trade scenarios for gold traders.
Source: cTrader platform
After a short-lived rebound, gold has struggled to build momentum above 3330. The price action since July 5 shows repeated attempts to reclaim higher ground, but each rally is quickly met with selling pressure. The 1-hour chart reveals XAUUSD is consolidating just under both the 50-period and 200-period moving averages, signaling indecision as bulls and bears battle for control.
Moving Averages (MA): The 50-period MA (yellow) remains below the 200-period MA (red), and price is currently stuck just under both—a classic sign of a market searching for direction. Until XAUUSD can sustain a break above these moving averages, upside conviction remains weak. MACD: The MACD histogram shows bullish momentum fading after an earlier cross above the signal line. Both the MACD line and the signal line are converging near zero, suggesting the recent up move is losing strength, and the market is entering a neutral phase. RSI: RSI has retreated from overbought conditions and now sits in the mid-50s, reflecting a lack of momentum from either side. This neutral reading is consistent with the current sideways action and highlights the risk of false breakouts as volatility contracts.
Given the signals from MA, MACD, and RSI, the primary scenario favors more range-bound movement between the key levels below: Entry: Sell near 3335–3340 (if price fails to hold above both moving averages) Stop-Loss: Above 3345 (recent swing high) Target: 3315–3305 (support zone near recent lows) Traders should monitor for a clear rejection at the moving averages and confirmation from a fading MACD to support this scenario.
The alternative would be a decisive breakout above the 3345 resistance. Confirmation would come from:
If these signals emerge, look for: Entry: Buy above 3345 on a confirmed close Stop-Loss: Below 3330 Target: 3360+
XAUUSD Technical Analysis for July 8 shows gold locked in a consolidation phase, with the battle centered around the 3330 level. The moving averages cap upside, MACD momentum is fading, and RSI points to indecision. Until one side breaks through, expect further range-bound action. Watch 3345 on the upside and 3305 below as the critical levels to determine gold’s next trend move. 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.
Gold stalls at 3330. XAUUSD Technical Analysis for July 8, 2025—RSI, MA, and MACD show key support and resistance.
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