Gold surges to a new high, entering a dangerous zone for long positions.

Release Time: 10:00 AM, September 1, 2025

Issued by: Mr. Tony

MARKET OVERVIEW

1. Stock Market

Vietnam Market: The market is currently striving to hold above the MA(20) despite rising selling pressure. Supportive liquidity remains but is temporarily weaker compared to supply, making the balancing process challenging. If liquidity improves, the market could stabilize and recover above the MA(20); otherwise, losing this level could increase correction risks.
U.S. Market: On the last trading day of Q3, U.S. markets faced pressure amid rising concerns about a potential government shutdown, causing the S&P 500 and Nasdaq to edge down ~0.13% and ~0.26%. Nevertheless, the S&P 500 recorded its best September in 15 years thanks to a strong rebound earlier in the quarter. Investor sentiment turned more cautious as consumer confidence dropped sharply in September — down 3.6 points to 94.2, below expectations.

2. Forex

GBP/USD – Uptrend. Buying positions may be considered today as per the recommendation below.
USD/JPY – Downtrend. Maintain short positions from previous sessions; avoid opening new shorts today.

3. Gold

Spot gold (XAU/USD) is trading around $3,748.87/oz, slightly lower from the peak. Intraday range: approximately $3,746.42 – $3,751.58. Gold continues to be supported by concerns over a potential U.S. government shutdown and expectations of Fed rate cuts.

4. Oil

XTI/USD: Limit trading today, wait for a breakout signal to trade with the trend.

5. Crypto

Bitcoin (BTC) is currently around $114,181 USD. Over the past 24 hours, BTC dipped slightly by -0.06%. Following gold’s rally, market sentiment improved and BTC rebounded from the support zone around $114,000.

STRATEGY OUTLOOK

GBP/USD
- Trend: Bullish
- Recommendation: Buy at 1.34400, stop loss 1.33850, take profit 1.35600

KEY EVENTS TODAY

7:15 PM – USD
ADP Non-Farm Employment Change

Actual: 52K | Forecast: 54K

9:00 PM – USD
ISM Manufacturing PMI

Actual: 49.0 | Forecast: 48.7

DISCLAIMER

The above analysis reflects only the personal views of analyst Tony from Lotus and is not a basis for actual market participation.
Lotus provides only technical trading analysis and trading education for learners.
Lotus does not represent any securities company or asset management firm.
Lotus does not manage learners’ funds.