Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
2025 Market Outlook: Key January Events to Watch 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Urban studies: Doing research when every city is different 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2421
Kijun-Sen- $2426
Gold hits fresh all-time high after dismal US retail sales. It hit a high of $2482 at the time of writing and is currently trading around $2474.
US economic data
US retail sales - weak (positive for gold)
Market eyes US building permits and Industrial production for further direction.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 91.6% from 69.70% a week ago.
US dollar index- Bearish. Minor support around 104/103. The near-term resistance is 105/106.20.
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 $2460, a break below the target of $2440/$2410/$235. The yellow metal faces minor resistance around $2485 and a breach above will take it to the next level of $2500.
It is good to buy on dips around $2460-61 with an SL of around $2440 for a TP of $2500.
