Gold continues to surge due to rising geopolitical tensions

Release Time: 10:00 AM, June 13, 2025
Published by: Mr. Tony


MARKET OVERVIEW

1. Stock Market:

Vietnam Stock Market:
The market is on an upward trend, approaching the 20-day MA around the 1,325 zone, with signs of forming a Star candlestick pattern and improved liquidity. While there is strong inflow support, selling pressure also increases as prices near the MA(20). Although the index has not broken through yet, signs of supply absorption suggest the market may continue testing the MA(20) zone. A successful breakout with strong liquidity could push the market back toward the previous high around 1,350 points.

U.S. Stock Market:
U.S. markets continued their positive momentum on June 12. The S&P 500 rose 0.4% to 6,045 points, the Dow Jones climbed 0.2% to 42,967 points, and the Nasdaq added 0.2% to 19,662 points. The rally was supported by lower-than-expected inflation data and hopes for Fed rate cuts later this year. However, the Russell 2000 index fell 0.4%, reflecting cautious sentiment due to geopolitical risks and tariff concerns.


2. Forex:

  • EUR/USD: In an uptrend. Long positions are favored today.
    Daily Support: 1.15000

  • USD/JPY: In a downtrend. Short positions are favored today.
    Daily Resistance: 143.800


3. Gold:

Current Price: 3,430.52 USD/ounce, up +1.3%, marking a one-month high—its highest level since May 7, 2025.
Gold has gained over 3.5% this week, forming a strong breakout and targeting the 3,450–3,500 USD zone if geopolitical tensions persist and U.S. inflation remains muted. If stability returns, a slight pullback toward 3,380–3,400 USD may occur.


4. Oil:

  • XTI/USD: Still in an uptrend, but the trend has moved too far to justify new entries today. Best to wait.


5. Crypto:

Current Price: ≈ 104,840 USD
BTC has dropped about −3.5% on the day, closing at 104,840 USDT on Binance, losing 3.52% in 24 hours.
Short-term trend: Accumulation phase. If BTC holds above 103,800 USD, a rebound may occur; however, a break below 103k could trigger further downside.


TRADE PLAN INSIGHTS

1. EUR/USD

  • Trend: Bullish

  • Recommendation: Buy at 1.15000

  • Stop Loss: 1.14600

  • Take Profit: 1.15800


Vietnam Stock Pick:

MBB (Military Bank)

  • Recommendation Date: June 13, 2025

  • Entry Price: 24,400 – 24,700 VND

  • Target 1: 26,000 VND

  • Target 2: 28,000 VND

  • Stop Loss: 23,400 VND


KEY EVENTS TODAY

01:05 AM – USD
FOMC Member Barr Speaks

05:30 AM – NZD
BusinessNZ Manufacturing Index:

  • Actual: 53.9 | Forecast: 53.2

06:50 AM – JPY
Prelim GDP (y/y):

  • Actual: 3.3% | Forecast: 3.2% | Previous: 2.9%

Prelim GDP (q/q):

  • Actual: -0.2% | Forecast: -0.1% | Previous: 0.7%

10:00 AM – NZD
Quarterly Inflation Expectations (q/q):

  • Actual: 2.29% | Previous: 2.06%

11:30 AM – JPY
Industrial Production (m/m):

  • Actual: 0.2% | Forecast: -1.1% | Previous: -1.1%

04:00 PM – EUR
Italy Trade Balance:

  • Actual: 3.66B | Forecast: 5.15B | Previous: 4.44B

Eurozone Trade Balance:

  • Actual: 27.9B | Forecast: 17.5B | Previous: 22.7B

06:00 PM – CHF
SNB Chairman Schlegel Speaks

07:30 PM – CAD
Net Foreign Securities Purchases:

  • Actual: -4.23B | Forecast: 5.20B | Previous: -10.45B

Building Permits:

  • Actual: 1.41M | Forecast: 1.45M | Previous: 1.48M

Housing Starts:

  • Actual: 1.36M | Forecast: 1.36M | Previous: 1.34M

Import Prices (m/m):

  • Actual: 0.1% | Forecast: -0.4% | Previous: -0.4%

09:00 PM – USD
UoM Preliminary Consumer Sentiment:

  • Actual: 50.8 | Forecast: 53.1 | Previous: 52.2

UoM Preliminary Inflation Expectations:

  • Actual: 7.3% | Previous: 6.5%

10:00 PM – GBP
MPC Member Lombardelli Speaks


DISCLAIMER

 

  • The above analysis reflects the personal views of analyst Tony from Lotus, and is not a basis for actual trading decisions.

  • Lotus provides technical trading analysis and educational training for learners.

  • Lotus does not represent any brokerage firm or asset management company.

  • Lotus does not manage students' capital.