Gold, Ripple, And Broadcom Set For Breakouts Amid Key Economic Shifts

GOLD

Gold prices climbed more than 1% on Friday, settling at $2,773 per ounce, just a few dollars short of its all-time high of $2,790 set in October. The precious metal saw a 2.9% weekly increase, driven by a weaker US dollar and growing inflation concerns linked to President Trump’s push for lower interest rates and possible tariff announcements. A declining dollar, fuelled by the administration’s call for rate cuts, has made gold cheaper for foreign buyers, further supporting its rally. Inflation fears and global trade policy uncertainty have boosted gold’s appeal as a safe-haven asset, especially in an environment of low-interest rates. Market participants expect the Federal Reserve to leave rates unchanged at its meeting next week, maintaining gold’s attractiveness to investors.

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XAUUSD (Daily). Since hitting its all-time high of 2790.00 in October, gold price have faced only minor resistance as it consolidated. As 2025 begins, prices are surging and poised for a breakout. Look for a retracement around 2725.00 as more favourable entry point.
 

RIPPLE

The US SEC has repealed Staff Accounting Bulletin 121 (SAB 121), which treated digital assets like bitcoin as liabilities, removing a key barrier to Wall Street’s crypto adoption. Introduced in 2022, the rule imposed strict capital requirements, discouraging banks from directly engaging with digital assets. Despite bipartisan efforts to overturn it, the rule was vetoed by former President Biden. Under the pro-crypto Trump administration, the SEC reversed it shortly after Gary Gensler stepped down as Chair. SEC Commissioner Hester Peirce hailed the move as a step toward regulatory clarity, with major banks signalling plans to expand crypto offerings.

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XRPUSD (H4). Following Trump’s inauguration, Ripple surged past its previous high of $2.9 per token, as anticipated. After consolidating around the $3 mark, the price is now primed for another breakout, supported by the environment of the robust US crypto ecosystem.
 

AVGO

President Trump’s $500 billion Stargate AI initiative is poised to boost several semiconductor makers as it focuses on AI infrastructure development in the US over four years. Wall Street analysts predict significant benefits for Nvidia, Broadcom, Credo Technology, Arm Holdings, and Micron Technology.

Broadcom (AVGO) likely one of the biggest winners due to its Trainium platform, projected to expand its addressable market from $20 billion in 2024 to $60-$90 billion by 2027-28. Expected to gain $40-$50 billion in custom silicon revenue as the project progresses. The initiative, supported by Oracle, OpenAI, and SoftBank, will drive growth across AI training, inference, semiconductor, and grid infrastructure sectors.

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AVGO (Daily). After trading for over six months with strong resistance around 180.00, the stock has finally broken out of that range. In 2025, the 220.00 level now represents the bottom zone and offers investors an attractive entry point for a long-term opportunity.


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Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. ...

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