Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Urban studies: Doing research when every city is different 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Stock Futures Dip as Investors Await Key Payrolls Data 
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2428
Kijun-Sen- $2401
Gold pared some of its gains after hitting an all-time high of $2450. It hit a low of $2450 at the time of writing and is currently trading around $2419.
Fed Vice Chair Philip Jefferson said that it is too early to say the slowdown in inflation will be long-lasting. Fed Vice Chairman Barr stated “These results did not provide me with the increased confidence that I was hoping to find to support easing monetary policy by reducing the federal funds rate,”
According to the CME Fed watch tool, the probability of a no-rate cut in June decreased to 96.4% from 96.5% a week ago.
US dollar index- Bearish. Minor support around 104/103. The near-term resistance is 105/106.50.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index - Bearish (positive for gold)
US10-year bond yield- Bearish (positive for gold)
Technical:
The near–term support is around $2400, a break below the targets of $$2365/$2342. The yellow metal faces minor resistance around $2450 and a breach above will take it to the next level of $2475/$2500.
It is good to buy on dips around $2362-63 with SL around $2340 for a TP of $2500.
