XAU/USD – Friday, July 18, 2025.
The potential for XAU/USD to weaken continues, as reflected in The EMA (50) is below the EMA (200) and the RSI (14) is in the Bearish Neutral area.
Key Levels
1. Resistance 2: 3375.63.
2. Resistance 1: 3357.17.
3. Pivot: 3333.21.
4. Support 1: 3314.75.
5. Support 2: 3290.79.
Tactical Scenario
Pressure Prone Zone: If the price breaks down and closes below 3333.21, XAU/USD will continue to weaken to 3314.75.
Momentum Extension Bias: If the 3314.75 level is successfully broken and closes below it, XAU/USD has the potential to continue its weakness to 3290.79.
Level Invalidation / Bias Revision
Downside bias is maintained if XAU/USD breaks through and closes above 3375.63.
Technical Summary
EMA(50): 3336.63.
EMA(200): 3338.38.
RSI(14): 48.82.
Economic News Release Agenda:
With the appreciation of the Dollar Index, still quite strong US economic data, and declining gold demand, XAU/USD has the potential to weaken today.
Today's US economic data releases are scheduled:
Building Permits - 7:30 PM WIB.
Housing Starts - 7:30 PM WIB.
Prelim UoM Consumer Sentiment - 9:00 PM WIB.
Prelim UoM Inflation Expectations - 9:00 PM WIB.
