Gold faces downward pressure today.

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

Publisher: Mr. Tony


MARKET OVERVIEW

1. Stock Market:

  • Vietnam Market: The market continued to rise, slightly surpassing the MA(20) at 1,663 points with declining liquidity, showing that selling pressure is not yet significant but buying demand remains cautious. This slight break above MA(20) provides the market an opportunity to rebalance after the correction, with expectations of consolidation around this level in upcoming sessions. To sustain the uptrend, stronger inflows are needed to absorb supply and maintain stability above MA(20).

  • U.S. Market: Wall Street recorded its third consecutive losing session, with the S&P 500 down ~0.5%, Nasdaq retreating ~0.5%, and the Dow Jones losing ~0.4%, marking the longest losing streak in over a month. The pressure mainly came from stronger-than-expected U.S. economic data—such as lower-than-expected jobless claims—fueling investor concerns that the Fed may delay cutting interest rates.


2. Forex

  • GBP/USD: Downtrend. Wait for technical rebounds to consider selling. Daily resistance: 1.34600

  • USD/JPY: Uptrend. Wait for technical pullbacks to consider buying. Daily support: 149.000


3. Gold

Gold slipped ~0.2% as stronger U.S. data boosted the dollar, making gold more expensive for foreign buyers. Spot price is currently around $3,741.21/oz. December gold futures remain steady around $3,771.30. However, gold is still up about 1.6% for the week, supported by expectations that the Fed will continue to cut rates.


4. Oil

  • XTI/USD: Uptrend. Buying positions may be considered today. Daily support: 64.50


5. Crypto

Bitcoin is currently trading at $109,574 USD, down about –3.02% from the previous session. Daily trading range: High $113,119 – Low $108,783.


STRATEGY OUTLOOK

  1. Stock Market Vietnam: Recommend BUY REE (09/26/2025), entry price: 66,500 – 67,300 VND,

    • Target 1: 71,000 VND

    • Target 2: 75,000 VND

    • Stop loss: 63,800 VND

  2. GBP/USD:

    • Trend: Downtrend

    • Recommendation: Sell at 1.34390, Stop loss 1.35350, Take profit 1.32390


KEY EVENTS TODAY

7:30 PM

  • CAD – GDP m/m: Actual: 0.1% | Forecast: -0.1%

  • USD – Core PCE Price Index m/m: Actual: 0.2% | Forecast: 0.3%


DISCLAIMER

 

  • The above analysis represents only the personal opinion of analyst Tony from Lotus and should not be considered as a basis for actual trading decisions.

  • Lotus only provides trading technical analysis and trading knowledge training for learners.

  • Lotus does not represent any securities company or asset management company.

  • Lotus does not manage learners’ funds.