Energy Sector Outlook 2025: AI's Role and Market Dynamics 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
2025 Market Outlook: Key January Events to Watch 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
 - EconoTimes)
Gold hits fresh all-time high ahead of US fed monetary policy. It hit a high of $2589.71 and is currently trading around $2584.30.
Chart pattern
Gold- CCI (50) Bearish divergence (Daily chart)
US 10-year yield - CCI (50) Bullish divergence (Daily chart)
According to the CME Fed watch tool, the probability of a 50 bpbs rate cut in Sep increased to 67% from 30% a week ago.
US dollar index- Bearish. Minor support around 100.50/99.80. The near-term resistance is 101.40/102.
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 $2570, a break below the target of $2560/$2544/$2535/$2520. The yellow metal faces minor resistance around $2590 and a breach above will take it to the next level of $2622/$2650.
Indicator (Daily chart)
CCI (14)- Bullish
CCI (50)- Bullish
Average directional movement Index - Bullish
It is good to sell on rallies around $2584-85 with SL around $2600 for TP of $2545/$2520.
