Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
2025 Market Outlook: Key January Events to Watch 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Urban studies: Doing research when every city is different 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Stock Futures Dip as Investors Await Key Payrolls Data 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2506
Kijun-Sen- $2491
Gold showed a minor sell-off despite dovish FOMC minutes. It hit a fresh all-time high of $2531 and is currently trading around $2513.
Markets eye Unemployment claims (12:30 pm GMT)
Flash manufacturing and services PMI (1:45 pm GMT) for further movement.
FOMC meeting minutes revealed that the “vast majority” of members indicated a rate cut “at the next meeting”.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep decreased to 67.5% from 75% a week ago.
US dollar index- Bearish. Minor support 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.
