China's Refining Industry Faces Major Shakeup Amid Challenges 
Wall Street Analysts Weigh in on Latest NFP Data 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Urban studies: Doing research when every city is different 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Stock Futures Dip as Investors Await Key Payrolls Data 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2447
Kijun-Sen- $2442
Gold hits a fresh all-time high as demand for safe-haven assets increases. It hit a high of $2531 and is currently trading around $2513.
Markets eye FOMC meeting minutes today week for further direction.
Indian gold demand has seen a nice jump after the government cut import tax to 6% from 15%.
The weak US dollar and easing US treasury yield support the yellow metal at a lower price.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 67.5% from 47% a week ago.
US dollar index- Bearish. Minor support is around 101.80/100.60. The near-term resistance is 102.50/103.
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 $2470, a break below the target of $2450/$2430/$2400. The yellow metal faces minor resistance around $2515 and a breach above will take it to the next level of $2554.
It is good to buy on dips around $2450-55 with an SL around $2430 for a TP of $2510/$2550.
