UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Urban studies: Doing research when every city is different 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
2025 Market Outlook: Key January Events to Watch 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Stock Futures Dip as Investors Await Key Payrolls Data 
Wall Street Analysts Weigh in on Latest NFP Data 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Gold -
Ichimoku Analysis (Weekly chart)
Tenken-Sen- $2059
Kijun-Sen- $1978
Gold trades in a narrow range between $2037.90 and $2009.40 for the past four days. US Advance GDP grew at a faster pace at 3.3%, compared to a forecast of 2%. US durable goods orders came unchanged in Dec. The Core PCE rose by 2.9% last month from 3.2% in Nov. The central bank kept its rates unchanged without making any changes in the policy statement. ECB President Lagarde said "The consensus around the table of the Governing Council was that it was premature to discuss rate cuts," The yellow metal hit a high of $2028 at the time of writing and is currently trading around $2027.64.
According to the CME Fed watch tool, the probability of a no-rate cut in Jan unchanged at 97.9% from 97.90% a week ago.
.
US dollar index- Bullish only if it closes above 103.69 (200-day EMA). Minor support around 103/102.40 The near-term resistance is 103.75/104.50.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index - Mixed (Neutral for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $2015, a break below targets of $2000/$1970/$1956. The yellow metal faces minor resistance around $2040 and a breach above will take it to the next level of $2050/$2062/$2078.
It is good to buy on dips around $1988-90 with SL around $1970 for TP of $2065/$2080.
.
Silver-
Silver showed a nice pullback of more than $1 following footsteps of gold. It trades above 21 and 55- EMA and below long-term MA (200- EMA) in the 4-hour chart. Any close above $23.15 (200-4H EMA) confirms a bullish continuation. A jump to $23.60/$24 is possible. It is facing immediate support at around $22.50. Any break below target $21.90/$21.50.
Crude oil-
WTI crude oil prices traded above $78, the highest level since Sep due to the escalation of Redsea tension and upbeat US economic data.
Major resistance- $80/$83.50. Significant support- $77/$74.
Jan 25th, 2024, ECB monetary policy statement (1:15 pm GMT)
Advance US GDP q/q, US durable goods order (1:30 pm GMT)
