2025 Market Outlook: Key January Events to Watch 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Stock Futures Dip as Investors Await Key Payrolls Data 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Wall Street Analysts Weigh in on Latest NFP Data 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
US Gas Market Poised for Supercycle: Bernstein Analysts 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2336
Kijun-Sen- $2379
Gold was one of the worst performers last week, on a strong US dollar.w It hit a low of $2325 yesterday and is currently trading around $23338.70.
The minutes for FOMC monetary policy were hawkish as many policymakers wanted to keep rates on hold for a longer period till inflation cools down below 2%.
The US S&P Global Composite flash manufacturing PMI and services PMI exceeded market expectations.
US new home sales and existing home sales came below forecast. fell 4.7% to an annual rate of 634000 in Apr, below the revised rate of 665000.
According to the CME Fed watch tool, the probability of a no-rate cut in June decreased to 99.10% from 91.1% 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 - Bullish (negative for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $2325, a break below the targets of $2300/$2285/$2270. The yellow metal faces minor resistance around $2350 and a breach above will take it to the next level of $2375/ $2400/$2420/$2450.
It is good to buy on dips around $2300 with SL around $2270 for TP of $2500.
