US Gas Market Poised for Supercycle: Bernstein Analysts 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
2025 Market Outlook: Key January Events to Watch 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Wall Street Analysts Weigh in on Latest NFP Data 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Stock Futures Dip as Investors Await Key Payrolls Data 
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2310
Kijun-Sen- $2300
Gold gained sharply and hit a fresh all-time high on upbeat US jobs data. The yellow metal hit a low of $2353 yesterday and is currently trading around $2334.
The US economy added 303000 jobs in Mar, compared to a forecast of 212000. The Unemployment rate declined to 3.8% from 3.9%.
Major US economic data for this week to watch out for - US CPI (1:30 pm GMT Apr 10th )
US PPI (1:30 pm GMT Apr 11th, 2024), FOMC minutes meeting ( Apr 11th, 7:00 pm GMT).
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in June decreased to 46.2% from 55.2% a week ago.
US dollar index- Bearish. Minor support around 103.80/103. 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 - Bearish (Bullish for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $2320, a break below targets of $2300/$2280/$2267/$2250/$2228. The yellow metal faces minor resistance around $2355 and a breach above will take it to the next level of $2400/$2420.
It is good to buy on dips around $2300 with SL around $2267 for TP of $2400.
