2025 Market Outlook: Key January Events to Watch 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Stock Futures Dip as Investors Await Key Payrolls Data 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Urban studies: Doing research when every city is different 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2332.85
Kijun-Sen- $2325.39
Gold gained sharply after weak US jobs data. It hit a high of $2370.40 at the time of writing and is currently trading around $2366.
US initial jobless claims rose 22000 to 231k in the week ending May 4th, compared to a forecast of 210k. The weak US jobs renewed the chance of a rate cut by the Fed in June.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 50.3% from 48.90% a day ago.
US dollar index- Bullish. Minor support around 104.50/103.75. The near-term resistance is 106/107.
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 $2345, a break below the targets of $2320/$2300. The yellow metal faces minor resistance around $2375 and a breach above will take it to the next level of $2400/$2420/$2450.
It is good to buy on dips around $2330-32 with SL around $2315 for a TP of $2400.
