Hot Developments: Market Reaction Ahead of ADP Data and the Current Stance of Gold & Oil

Release Time: 10:00 AM, December 03, 2025 Publisher: Mr. Loki

MARKET OVERVIEW

1. Stock Market:

  • Vietnam Market: Despite facing selling pressure, the market quickly recovered and maintained an upward trend, with improved liquidity indicating capital flow is expanding into many stock groups. Although affected by the resistance zone of 1,700–1,720 points, the market held equilibrium and bounced back, reflecting that the recovery trend starting from November 12 is still valid. The 1,720 point zone may create supply-demand contention, but current signals suggest the market is likely to break this zone to continue extending its rally.

  • US Market: In the December 2 session, US stocks recovered after a pressurized start to December: the S&P 500 rose about +0.2%, the Dow Jones Industrial Average was up +0.4%, and the Nasdaq Composite advanced +0.6%. The rally was supported by the return to stability in bond yields and a recovery in the cryptocurrency market (Bitcoin bounced up after a slump), helping investors broaden their risk appetite. Notably, Boeing's stock played a leading role thanks to a strong cash flow outlook for 2026—providing clear momentum for the Dow & S&P.

2. Forex (Foreign Exchange):

  • EUR/USD: The primary trend is bullish (rising), with daily resistance at: 1.65000, daily support at: 1.16000. A buy position can be entered when the price breaks the daily resistance zone.

  • GBP/USD: The primary trend is bullish (rising), with daily resistance at: 1.32700, daily support at: 1.32000. A buy position can be entered when the price breaks the daily resistance zone.

3. Gold:

Currently sideways accumulating around $4,222 after successfully testing the EMA 89 support ($4,208).

4. Oil:

XTI/USD primary trend is bearish (falling), with daily resistance at 59.10, daily support at: 58.00. A buy position can be entered when the price breaks the daily support zone.

5. Crypto:

BTC A spectacular V-shaped recovery to $92,800, significantly exceeding the EMA 89 ($89,928). The Bulls have regained control, and the short-term rising structure is very strong.

TRADING PLAN

NZD/USD Buy Order at 0.57500, Stop Loss 0.57000, Take Profit 0.58300

USOIL: Trend: Bearish. Sell at 58.309, Stop Loss 59.2, Take Profit 57

TODAY'S NOTABLE EVENTS

2:00 AM (EST/EDT): US President Trump Speaks.

8:15 PM (EST/EDT): US ADP Non-Farm Employment Change Data.

Forecast: 5 Thousand (5K)

Previous (Actual): 42 Thousand (42K)

10:00 PM (EST/EDT): US ISM Services PMI Data.

Forecast: 52.0

Previous (Actual): 52.4

DISCLAIMER

  • The views expressed above represent the personal opinion of analyst Loki from Lotus and are not a basis for entering the actual market.

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

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

  • Lotus does not accept the management of students' funds.