Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2263.30
Kijun-Sen- $2231.62
Gold hit a fresh all-time high on safe-haven demand. The yellow metal hit a low of $2286 yesterday and is currently trading around $2277.44.
The air strike on the Iran consulate by Israel killed three senior members of Iran's Revolutionary Guard. This escalated tensions in the Middle East. US treasury yields surged following strong US economic data increased the bets of an early rate cut
According to the CME Fed watch tool, the probability of a no-rate cut in June increased to 61.80% from 56.80% a day ago.
US dollar index- Bullish. Minor support around 104.65/104. The near-term resistance is 105.20/106.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index - Bullish (Bearish for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $2269, a break below targets of $2250/$2228/$2200. The yellow metal faces minor resistance around $2290 and a breach above will take it to the next level of $2300/$2325.
It is good to buy on dips around $2215-16 with SL around $2200 for TP of $2265/$2300.


Moldova Criticizes Russia Amid Transdniestria Energy Crisis
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
Wall Street Analysts Weigh in on Latest NFP Data
2025 Market Outlook: Key January Events to Watch
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios
Geopolitical Shocks That Could Reshape Financial Markets in 2025
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
Urban studies: Doing research when every city is different
European Stocks Rally on Chinese Growth and Mining Merger Speculation
Global Markets React to Strong U.S. Jobs Data and Rising Yields
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 



