Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Wall Street Analysts Weigh in on Latest NFP Data 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Urban studies: Doing research when every city is different 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
China's Refining Industry Faces Major Shakeup Amid Challenges 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Gold -
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $2126.19
Kijun-Sen- $2085
Gold trades higher on board-based US dollar selling. Markets eye Fed Chairman Powell's speech for further direction. The yellow metal hit a high of $2141.85 yesterday and is currently trading around $2127.
According to the CME Fed watch tool, the probability of a no-rate cut in Mar decreased to 97% from 98% 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 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 $2100, a break below targets of $2085/$2068/$2060. The yellow metal faces minor resistance around $2130 and a breach above will take it to the next level of $2145/$2150.
It is good to buy on dips around $2070-72 with SL around $2050 for a TP of $2145.
