US Markets Keep Hitting Record Highs, Gold Eyes $4,000/oz

Release time: 10:00, September 22, 2025
Issuer: Ms. Jenny

MARKET OVERVIEW

  1. Stock Market:

  • Vietnam Market: The market remains in a correction phase, supported at 1,640 points but still closing below MA(20), indicating cautious cash flow. The late-session recovery opened up the opportunity to retest MA(20), but signals below MA(20) raise short-term risks. For balance and a return to the uptrend, the market needs to absorb supply well and maintain stability above MA(20).

  • US Market: The US market continued to “climb to new highs” as the S&P 500, Nasdaq, and Dow Jones all closed at record levels, marking a third consecutive week of gains. The Fed’s recent 0.25% rate cut reinforced expectations of further easing, although the message remained cautious due to persistent inflation. Strong inflows went into tech stocks and rate-sensitive sectors, while small caps surged on expectations of benefits from lower borrowing costs. However, there are still signs of profit-taking — equity funds saw tens of billions of USD outflows — signaling potential volatility if economic data (such as labor and consumption) fails to support expectations.

  1. Forex

  • EUR/USD: Rebounded from the low around ~1.1720, now holding in the ~1.1760–1.1770 range. Slight USD weakness provided support for the EUR.

  • GBP/USD: Slight fluctuations; intraday range around ~1.3466 to 1.3474.

  1. Gold:

Spot gold price is around US$3,690.44/oz, equivalent to €3,145.46/oz. Gold in euro terms also rose slightly; today +€17.09/oz (~ +0.55%) compared to 24 hours earlier. Gold is projected to reach US$4,000/oz in 2026 due to central bank demand and potential USD weakness.

  1. Oil:

Brent oil reached US$66.82/barrel, slightly up (~ +0.21%) from the previous session. For WTI crude oil, no updated source was available at this moment to provide an exact price.

  1. Crypto:

On Monday morning (22/09/2025), BTC saw a strong correction. Current price is 114,300 (-0.81%), still moving within the narrow range of 113,000 to 117,000.

MARKET STRATEGY OUTLOOK

  1. Vietnam Stocks: VCB

Recommendation: WAIT TO BUY VCB (22/09/2025), entry price 59,800–60,000 VND, target 1: 64,500, target 2: 67,000 VND, stop loss 58,800 VND.

  1. GBP/USD

  • Trend: Bullish.

  • Recommendation: Buy at 1.34400, stop loss 1.33890, take profit 1.35450.

KEY EVENTS TODAY

08:00 – CNY – 1-year Loan Prime Rate
08:00 – CNY – 5-year Loan Prime Rate
23:00 – USD – FOMC Member Miran speaks

DISCLAIMER

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