Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
2025 Market Outlook: Key January Events to Watch 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Urban studies: Doing research when every city is different 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Stock Futures Dip as Investors Await Key Payrolls Data 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Wall Street Analysts Weigh in on Latest NFP Data 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
China's Refining Industry Faces Major Shakeup Amid Challenges 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Gold -
Ichimoku Analysis (4 Hour chart)
Tenken-Sen- $2447
Kijun-Sen- $2442
Gold pared some of its gains yesterday after upbeat US retail sales. It hit a low of $2332 yesterday and is currently trading around $2457.38.
US retail sales surged sharply to 1% biggest increase in the past 1-1/2 years, compared to a forecast of 0.30%. Automobile sales mainly led the jump.
The number of people who have filed for unemployment benefits declined by 7000 to 22700 for the week ended Aug 10 vs. Estimate of 235000.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 72.50% from 64% a day ago.
US dollar index- Bearish. Minor support around 102/100.60 The near-term resistance is 103.60/104.80.
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 $2450, a break below the target of $2430/$2400. The yellow metal faces minor resistance around $2480 and a breach above will take it to the next level of $2508/$2554.
It is good to buy on dips around $2415-16 with an SL of around $2400 for a TP of $2500.
