Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
US Gas Market Poised for Supercycle: Bernstein Analysts 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Urban studies: Doing research when every city is different 
Wall Street Analysts Weigh in on Latest NFP Data 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Stock Futures Dip as Investors Await Key Payrolls Data 
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2421.96
Kijun-Sen- $2410.57
Gold is trading in a narrow range ahead of the FOMC meeting minutes. It hit a low of $2408 yesterday and is currently trading around $2416.
Numerous Fed members' hawkish commentary this week confirms that the Fed will keep its rates on hold until inflation cools.
According to the CME Fed watch tool, the probability of a no-rate cut in June decreased to 93.50% from 96.7% a week ago.
Economic data for the day
FOMC meeting minutes (6:00 pm GMT)
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.
