2025 Market Outlook: Key January Events to Watch 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
China's Refining Industry Faces Major Shakeup Amid Challenges 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Wall Street Analysts Weigh in on Latest NFP Data 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Stock Futures Dip as Investors Await Key Payrolls Data 
Gold -
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $2033.27
Kijun-Sen- $2028.76
Gold showed a minor pullback, despite weak US GDP data. The United States' GDP grew at an annualized rate of 3.2% in Q4, missing market expectations of 3.3%. The yellow metal hit a high of $2037.92 at the time of writing and is currently trading around $2036.63.
Markets eye US PCE, Chicago PMI, and US jobless claims for further movement.
According to the CME Fed watch tool, the probability of a no-rate cut in Mar increased to 97.50% from 94% a week ago.
US dollar index- Bearish. Minor support around 103.40/102.70. The near-term resistance is 104.20/105.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index - Bearish (Bullish for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $2020, a break below targets of $2010/$2000/$1970/$1956/$1930. The yellow metal faces minor resistance around $2042 and a breach above will take it to the next level of $2060/$2070/$2080/$2100.
It is good to buy on dips around $2000 with SL around $1970 for TP of $2065/$2080.
Silver-
Silver jumped slightly after hitting a two-week low of $22.27. The pair is edging towards a bearish channel resistance of $22.70-72. Any breach above that channel will push the Silver price to $23/23.50.
Major trend reversal level -$23.60.
Any strong violation above $23.60 confirms a bullish continuation. A jump to $24.20/$24.60 is possible.
It trades below 21, 55- EMA, and 200 EMA in the 4-hour chart. The near-term support is around $22.25 and a break below $22.20 targets $21.90/$21.40/$20.68.
Crude oil-
WTI crude oil pared some of its gains after touching a month high. The hopes for an extension of production cut by OPEC and geo-political tension in the Red Sea support crude oil at lower levels. Any jump above $80 confirms a further bullishness.
Major resistance-$80/$83. Significant support- $75.70/$74.
