US Gas Market Poised for Supercycle: Bernstein Analysts 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
2025 Market Outlook: Key January Events to Watch 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Urban studies: Doing research when every city is different 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2299
Kijun-Sen- $2306
Gold showed a minor pullback after the dismal US Nonfarm payrolls data. It hit a high of $2320.74 yesterday and is currently trading around $2316.8.
US economic data
US Non-farm payroll- Weak (Bullish for gold)
The dismal US jobs data has increased the chance of a rate cut by the Fed this year.
According to the CME Fed watch tool, the probability of a no-rate cut in June increased to 91.6% from 88.90% a week ago.
US dollar index- Bearish. Minor support around 104.50/103.80. The near-term resistance is 105.50/106.50.
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 (negative for gold)
Technical:
The near–term support is around $2280, a break below the targets of $2260/$2225/$2195. The yellow metal faces minor resistance around $2330 and a breach above will take it to the next level of $2350/$2375/$2400/$2420/$2450.
It is good to buy on dips around $2300 with SL around $2280 for TP of $2400.
