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 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
US Gas Market Poised for Supercycle: Bernstein Analysts 
2025 Market Outlook: Key January Events to Watch 
Stock Futures Dip as Investors Await Key Payrolls Data 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Wall Street Analysts Weigh in on Latest NFP Data 
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2357
Kijun-Sen- $2341
Gold showed a nice pullback on board-based US dollar selling. It hit a high of $2367 at the time of writing and is currently trading around $2366.
US economic data
US ADP employment- Weak (positive for gold)
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep decreased to 59.90% from 56.30% a week ago.
US dollar index- Bullish. Minor support around 105.50/104. The near-term resistance is 106.20/107.
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 $2340, a break below the target of $2320/$2300/$2260/$2250. The yellow metal faces minor resistance around $2370 and a breach above will take it to the next level of $2400$2425.
It is good to buy on dips around $2340 with an SL of around $2320 for a TP of $2400.
