Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Urban studies: Doing research when every city is different 
Wall Street Analysts Weigh in on Latest NFP Data 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Gold -
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $2033.27
Kijun-Sen- $2028.76
Gold showed a minor pullback after the US PCE data. Both core and headline PCE came in below expectations. The yellow metal hit a high of $2050.97 yesterday at the time of writing and is currently trading around $2046.53.
The number of people who have filed for unemployment benefits rose by 13000 to 215000 in the week ending Feb 24th. Chicago PMI fell to 44 in Feb vs. the Forecast of 48.10.
According to the CME Fed watch tool, the probability of a no-rate cut in Mar increased to 97% from 96% a week ago.
US dollar index- Bearish. Minor support around 103.40/102.70. The near-term resistance is 104.20/105.
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 $2030, a break below targets of $2020/$2010/$2000/$1970/$1956/$1930. The yellow metal faces minor resistance around $2050 and a breach above will take it to the next level of $2060/$2070/$2080/$2100.
It is good to buy on dips around $2015-17 with SL around $2000 for TP of $2065/$2080.
