UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Urban studies: Doing research when every city is different 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Stock Futures Dip as Investors Await Key Payrolls Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
China's Refining Industry Faces Major Shakeup Amid Challenges 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Add as a preferred source on Google
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2337.38
Kijun-Sen- $2343.28
Gold trades flat ahead of US ADP employment data. It hit a low of $2315 yesterday and is currently trading around $2332.50.
US JOLTS job openings - Weak (negative for Gold)
Markets eye US ADP employment change and US ISM services PMI for further movement.
According to the CME Fed watch tool, the probability of a no-rate cut in June decreased to 99.9% from 99.10% a week ago.
US dollar index- Bearish. Minor support around 104/103. The near-term resistance is 105/106.50.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index - Bearish (positive for gold)
US10-year bond yield- Bearish(Positive for gold)
Technical:
The near–term support is around $2315, a break below the targets of $2300/$2285/$2270. The yellow metal faces minor resistance around $2365 and a breach above will take it to the next level of $2375/ $2400/$2420/$2450.
It is good to buy on dips around $2300 with SL around $2270 for TP of $2500.
