Market Volatility: Gold Hits $3,000, Bitcoin Breaks Out!

Release Time: 10:00 AM, March 26, 2025

Issuer: Ms. Jenny

MARKET OVERVIEW

1. Stock Market:

  • Vietnam Market: The market continues to recover but remains in a phase of supply-demand exploration, with a tug-of-war between buyers and sellers. Increasing liquidity indicates an attempt to support prices, but caution remains due to resistance levels. Support signals from the 20-day moving average (MA20) are still positive, helping to sustain the recovery. The market is expected to be supported during corrections and target the resistance range of 1,340 – 1,350 points, with supply-demand dynamics playing a crucial role in determining the next trend.

  • U.S. Market: U.S. stock markets saw a slight increase: S&P 500 rose by 0.2%, Nasdaq by 0.5%, and Dow Jones by less than 0.1%. This increase occurred despite consumer confidence dropping to a four-year low, reflecting concerns about the economy and trade tensions. However, hopes that Trump administration tariffs may not be as severe as feared have supported market sentiment.

2. Forex

  • USD/JPY: The uptrend remains intact. Yesterday was a short-term pullback, and today presents buying opportunities. Observation range: 150.265
  • USD/CAD: Sideways movement with a short-term downtrend, currently at a strong support level, potentially leading to a rebound today.

3. Gold

The bullish trend in gold remains unbroken. As of the close on March 26, gold maintained the critical $3,000 level.

4. Oil

  • XTI/USD: The uptrend is approaching strong resistance, suggesting a short-term reversal. Selling opportunities are expected today, with a resistance level at 69.3.

5. Crypto

BTC has shown signs of breaking the previous downtrend in the $86,000-$87,000 range. Increased attention should be given to a potential uptrend in the near future.

TRADE RECOMMENDATIONS

1. XAU/USD

  • Trend: Bullish
  • Recommendation: Buy at $3023-$3025
  • Stop Loss: $3017
  • Take Profit: $3040-$3050-$3070

2. Vietnam Stocks: MWG

  • Recommendation: BUY MWG (March 26, 2025)
  • Entry Price: 59,500 - 60,500 VND
  • Target 1: 63,000 VND
  • Target 2: 67,000
  • Stop Loss: 58,400 VND

IMPORTANT EVENTS TODAY

  • 14:00 - GBP - Consumer Price Index (CPI) y/y
  • TBA - GBP - Annual Budget Release
  • 19:30 - USD - Core Durable Goods Orders m/m
  • 19:30 - USD - Durable Goods Orders m/m

DISCLAIMER

  • The above analysis represents the personal opinions of analyst Jenny from Lotus and is not a basis for actual market participation.
  • Lotus only provides technical analysis and trading knowledge training for students.
  • Lotus does not represent any securities or asset management company.
  • Lotus does not manage students' funds.