Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Stock Futures Dip as Investors Await Key Payrolls Data 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
China's Refining Industry Faces Major Shakeup Amid Challenges 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2159.47
Kijun-Sen- $2165.52
Gold lost its shine ahead of US-fed monetary policy this week. Markets expect the central bank to be hawkish on upbeat US inflation data. Any hawkish rate pause will put pressure on the yellow metal. The yellow metal hit a low of $2146.198 at the time of writing and is currently trading around $2154.20.
According to the CME Fed watch tool, the probability of a no-rate cut in Mar decreased to 99% from 98% a week ago.
US dollar index- Bearish. Minor support around 102.30/101.40. The near-term resistance is 103.60/104.
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 $2145, a break below targets of $2130/$2114/$2100. The yellow metal faces minor resistance around $2200 and a breach above will take it to the next level of $2225/$2250.
It is good to sell on rallies around $2168-70 with SL around $2200 for TP of $2100.
