2025 Market Outlook: Key January Events to Watch 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Wall Street Analysts Weigh in on Latest NFP Data 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Urban studies: Doing research when every city is different 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2447
Kijun-Sen- $2442
Gold continues to trade weak for the second consecutive day on weak US jobs data. It hit a low of $2420 at the time of writing and is currently trading around $2421.
US economic data
US jobless claims - weak (positive for gold)
US Philly fed - positive (negative for gold)
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 91.70% from 85.10% a week ago.
US dollar index- Bearish. Minor support around 103.60/103. The near-term resistance is 104.20/105.
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 $2420, a break below the target of $2410/$2385. The yellow metal faces minor resistance around $2435 and a breach above will take it to the next level of $2450/$2475/$2480.
It is good to buy on dips around $2400 with an SL of around $2385 for a TP of $2500.
