Gold Plummets as Geopolitical Tensions Ease, US Stock Market Explodes Thanks to Tech!

Release Time: 10:00 AM, June 27, 2025 Issuer: Mr. Leon

 

Market Overview

 

1. Stock Market:

  • Vietnam Market: The market is undergoing a slight correction but is well-supported around the 1,360-point level. Capital flow remains cautious, awaiting clear signals. Selling pressure is temporarily not strong due to low liquidity. With late-session support and the gap-up area from June 24 still effective, the previous upward trend continues to have a positive impact. Supply pressure is easing. The market may regain its upward momentum and test the 1,372-point resistance level in the next session.

  • US Market: The US market on June 26 surged strongly, driven by the technology sector and expectations regarding interest rate policy. The Dow Jones increased by 387.85 points (+0.90%) to 43,386.84 points, the S&P 500 increased by 44.76 points (+0.73%) to 6,141.02 points, and the Nasdaq increased by 218.16 points (+1.09%) to 20,166.52 points. Positive sentiment helped indices approach historical highs.

2. Foreign Exchange:

  • EUR/USD short-term bearish trend, today may consider entering a sell position, daily resistance: 1.17400

  • USD/CHF short-term bullish trend, today may consider entering a buy position, daily support: 0.79990

3. Gold:

  • Current Price: 3,319.96 USD/ounce, down approximately -1.4% (-47 USD) from the previous session, reaching its lowest level since June 9.

  • Reasons: Iran-Israel ceasefire agreement reduces safe-haven demand. The USD remains strong, and the market continues to await US PCE data – if weak, it could signal short-term support for gold.

  • Short-term Trend: Gold is testing the support area around 3,300 USD/oz. If it fails, it could head towards the 3,250 USD area – a level that previously reacted in mid-month.

4. Oil:

  • XTI/USD bullish trend, continue to maintain yesterday's trading strategy.

5. Bitcoin:

  • Current Price: Approximately 106,609 USD, up +1.5% from yesterday.

  • Intra-day Developments: BTC recovered from the 105k area to its current level, indicating that the uptrend is still intact.

  • Short-term Analysis: Bitcoin is currently consolidating around 106k USD. If it maintains this level, it has the potential to retest the 110k–112k area. Some technical analyses predict that BTC may not drop below 106,969 USD in June, with an average target of 137k USD.

 

Plan Assessment

 

1. USD/CHF

  • Short-term bullish trend

  • Recommendation: Buy at 0.80070, stop loss: 0.79920, take profit: 0.80370

2. Vietnam Stock: HCM
Recommendation to BUY HCM (June 27, 2025), entry price 20,600 - 21,000 VND, target 1: 22,200 VND, target 2: 23,900 VND, stop loss 19,900 VND.

NOTABLE EVENT TODAY: 19:30-USD: Core PCE Price Index m/m STATEMENT


  • The above comments represent only the personal views of analyst Leon from Lotus and should not be used as a basis for actual market participation.

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