2025 Market Outlook: Key January Events to Watch 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Stock Futures Dip as Investors Await Key Payrolls Data 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Urban studies: Doing research when every city is different 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Gold Vs US 10-year yield
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2415
Kijun-Sen- $2401
Gold pared most of its gains despite the weak US dollar. It hit a low of $2399 at the time of writing and is currently trading around $2385.
The probability of a rate cut by the Fed increased after the dismal US jobs data. The easing US treasury yield and weak US dollar support the precious metal at lower levels.
According to the CME Fed watch tool, the probability of a 50 bpbs rate cut in Sep increased to 81.50% from 11.50% a week ago.
US dollar index- Bearish. Minor support is around 102/100.80. The near-term resistance is 103.40/104.
Factors to watch for gold price action-
Global stock market- Bearish (bullish for gold)
US dollar index - Bearish (positive for gold)
US10-year bond yield- Bearish (positive for gold)
Technical:
The near–term support is around $2368, a break below the target of $2350/$$2340. The yellow metal faces minor resistance around $2400 and a breach above will take it to the next level of $2420/$2440/$2450/$2475/$2480.
It is good to buy on dips around $2365 with an SL of around $250 for a TP of $2440.
