Gold Surges on Tariff Concerns and Global Central Bank Easing Gold neared $2,800 per ounce on Friday, hitting a record high as Trump’s renewed tariff threats fueled demand for safe-haven assets amid trade war fears.
The rally was also supported by dovish central bank policies. The ECB cut rates, the BoC ended quantitative tightening, and the Riksbank eased policy. The PBoC and RBI signaled looser monetary stances. Meanwhile, the Fed held rates steady, reinforcing expectations for two cuts later this year. Gold is on track for its biggest monthly gain since March 2024.
Technically, the first resistance level will be 2800 level. In case of this level’s breach, the next levels to watch would be 2820 and 2858 consequently. On the downside, 2730 will be the first support level. 2660 and 2630 are the next levels to monitor if the first support level is breached.
Trading
XRP/USD – Technical OverviewCurrent Price Action:
XRP has recently surged from $2.40 to highs near $3.40, forming a bullish flag pattern. This pattern indicates a consolidation phase within a broader uptrend, suggesting a potential continuation after the pause.
Key Levels to Watch:
Support (Lower Trendline):
$2.90: Critical support level near the flag’s lower trendline. A breakdown below this zone could indicate a deeper retracement and weaken the bullish outlook.
Resistance (Upper Bound of Flag):
$3.40: Immediate resistance, where the price has recently stalled. A break above this level would signal the resumption of the uptrend.
Bullish Targets:
$4.00-$4.20: Potential upside targets if the breakout from the bullish flag materializes. These levels align with the prior highs and would offer significant resistance.
Market Dynamics:
The bullish flag pattern suggests that the market is in a consolidation phase, likely as a pause before the next leg higher. This is a typical setup for continuation in an uptrend, where a breakout above $3.40 would likely propel XRP toward $4.00-$4.20.
Broader Uptrend:
The uptrend that began in November remains intact, and this consolidation phase is viewed as a temporary rest before the next bullish move.
Outlook:
Bullish Scenario:
A breakout above $3.40, with solid volume and momentum, would confirm the continuation of the trend. The $4.00-$4.20 range would be the initial target, providing substantial upside potential for traders.
Bearish Scenario:
If XRP breaks below $2.90, this could signal a deeper retracement, potentially testing the $2.40 support zone or even lower, depending on the strength of the breakdown.
Conclusion:
As long as XRP remains within the flag pattern, the bullish outlook remains intact, with the $4.00-$4.20 range serving as the key target upon a successful breakout. However, traders should remain cautious of a possible breakdown below $2.90, which would require re-assessment of the technical structure.
Sportradar Group (SRAD) AnalysisCompany Overview:
Sportradar Group NASDAQ:SRAD is a global leader in sports data and technology, providing cutting-edge solutions to sports organizations, media companies, and betting operators. Its proprietary data-driven insights are revolutionizing fan engagement, player scouting, and betting markets worldwide.
Key Catalysts:
Major League Baseball (MLB) Partnership Expansion ⚾
A new multiyear deal with MLB expands Sportradar’s services into player scouting, strengthening its role in sports analytics and talent evaluation.
Enhanced NBA Partnership 🏀
Sportradar’s deepened collaboration with the NBA introduces next-gen fan engagement tools, driving higher user interaction and new revenue streams.
Advanced AI-powered insights and interactive features elevate live sports experiences.
Strong Institutional Investor Confidence 📈
Institutional investors are increasing exposure to SRAD, reflecting confidence in its long-term growth prospects and market leadership.
Investment Outlook:
Bullish Case: We are bullish on SRAD above $17.00-$18.00, supported by strategic partnerships, technological leadership, and strong investor demand.
Upside Potential: Our price target is $28.00-$29.00, driven by expanding sports analytics capabilities, increasing adoption of AI-driven solutions, and robust sector growth.
⚡ SRAD—Revolutionizing Sports Data & Fan Engagement. #SportsTech #AI #FanEngagement
Nightly $SPX / $SPY Scenarios for 1.31.2025🔮
📅 Fri Jan 31
⏰ 8:30am
📊 Core PCE Price Index m/m: 0.2% (prev: 0.1%)
📊 Employment Cost Index q/q: 0.9% (prev: 0.8%)
💡 Market Scenarios:
📈 GAP ABOVE HPZ:
A further gap up would lead to it holding a little, then chopping down into EEZ. Watch for resistance in the Hedge Pressure Zone before any reversal.
📊 OPEN WITHIN EEZ:
Slight move higher from earnings, then drop lower into 6055. Expect some chop and potential liquidity sweeps before continuation.
📉 GAP BELOW HCZ:
Consolidate lower into the Hedge Cushion Zone, then pump back higher. A strong bounce is likely if price interacts with the Weekly Hedge Cushion and liquidity builds up.
#trading #stock #stockmarket #today #daytrading #charting #trendtao
EURUSD OUTLOOKAfter a strong bearish trend over a couple of months and days, the market has changed showing a bullish trend on the 4H timeframe. Creating HH & HL, the price is expected to reach as high as 1.06000. For an entry, the 1H or 15M timeframe is perfect for sniper entries and/or to see a clear candlestick pattern.
NATGAS Swing Long! Buy!
Hello,Traders!
NATGAS has lost almost
30% from the local highs
In no time so It is oversold
And as the Gas is about to
Retest the horizontal support
Of 2.948$ we will be expecting
A local bullish rebound
And a move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
GOLD WILL KEEP GROWING|LONG|
✅GOLD is trading in a
Strong uptrend along the
Rising support line and the price
Is now making a bullish breakout
Of the key horizontal level
Of 2786$ which reinforces our
Bullish bias and makes us expect
A further bullish move up
LONG🚀
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Do you like chocolate? (HSY)NYSE:HSY Came up on my alerts last Friday (see below) as a Spike of Volume Profile Support. Price rallied from the Spike almost immediately but has since returned for an opportunity to take this trade.
Since the Volume Profile POC is based on the Weekly trend from COVID low > All Time High this trade can be setup as a long term position with the Risk management laid out in the chart above. I would call this an attempt to catch a bottom in the "Valley of Risk" that the stock is currently within.
The above chart is the 30 minute timeframe Spike that triggered the alert. This trade never came back before reaching the 3:1 target. However, we can consider the 2 hour timeframe for more tactical risk management as it is still valid:
Managing risk on the 2 Hour timeframe gives a tight stop just below the Spike low. At which point we can derisk.
ALGO Long Spot OpportunityMarket Context:
ALGO has reached a key support level, offering a strong risk-to-reward opportunity for a long spot position. Given current price action, this level could act as a launchpad for a move higher.
Trade Details:
Entry Zone: $0.32 - $0.35 (support area)
Take Profit Targets:
$0.48 - $0.53
$0.70 - $0.80
Stop Loss: Just below $0.30
This trade aligns with ALGO’s structure, aiming for a rebound from support into key resistance levels. Stay disciplined with risk management! 📈
BTC Dominance Breakdown = Altseason Incoming?BTC dominance (BTC.D) has broken down from key support, signaling a potential altseason ahead.
The breakdown below the 54.11% – 54.85% support zone suggests capital rotation from Bitcoin into altcoins, which could trigger major moves across the altcoin market.
If you find our work helpful, please like, comment, and follow us for more market insights—all in one place! Stay updated on Forex, Commodities, Crypto, and Global Indices with expert analysis.
XAUUSDHi guys,
In this chart i Found a Demand Zone in XAUUSD CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
EURJPY My Opinion! BUY!
My dear subscribers,
My technical analysis for EURJPY is below:
The price is coiling around a solid key level - 160.85
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 161.92
My Stop Loss - 160.31
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
USDCAD Technical Analysis! SELL!
My dear followers,
I analysed this chart on USDCAD and concluded the following:
The market is trading on 1.4410 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.4370
Safe Stop Loss - 1.4437
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NIKE - Have they finally bottomed?NYSE:NKE
This company has been in a steady downtrend for the last two years as they've fell behind and lost track of what got them to be NIKE!
I believe this is a solid turnaround play for 2025 and beyond.
It does not align as a buy on the trading standpoint yet until we break the diagonal trend line from July 2024. Then we could push towards a double bottom breakout!
Not financial advice
GBPJPY My Opinion! BUY!
My dear friends,
My technical analysis for GBPJPY is below:
The market is trading on 191.76 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 193.12
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
QQQ Massive Short! SELL!
My dear subscribers,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 529.65 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 519.17
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK