MARKET JAN 07: Gold Sharp Reversal - BTC Sidebound Accumulation.

Release Time: 10:00, January 2026 Released by: Mr. Loki

1. Stock Market:

Vietnam Market: The market continues to rise and break through previous peaks despite supply pressure. Improved liquidity indicates that cash flow remains supportive. The breakout signal suggests further upside potential, though short-term fluctuations may occur during a retest of the new support zone around 1,800 points. The next resistance level to watch is 1,900 points – the upper boundary of the medium and long-term price channel.
US Market: In the January 6 session, Wall Street continued to rally strongly and set new records, led by tech and small-cap stocks. The S&P 500 rose ~0.6% to 6,944.82, the Dow Jones gained ~1% to 49,462.08, and the Nasdaq Composite climbed ~0.6% to 23,547.17 points. The Russell 2000 rose ~1.4%, showing broad market participation. This momentum reflects early-year optimism and a tech-driven breakout.

2. Foreign Exchange (Forex):

GBP/USD: Main trend is bullish. Daily Resistance: 1.35300; Daily Support: 1.35000. Consider long positions if the price breaks daily resistance.
USD/CHF: Main trend is bullish. Daily Resistance: 0.79700; Daily Support: 0.79400. Consider long positions if the price breaks daily resistance.

3. Gold:

Performance: This morning, Gold saw a sharp reversal, completely breaking the established bullish trendline (blue line). Prices plummeted from a peak of $4,488 to $4,456 before slightly recovering to $4,471.
Structure: Short-term bullish structure is broken. Price is struggling at the EMA 53 support (yellow line). Trading below short-term EMAs (blue/red) indicates sellers have the upper hand in the short term.

4. Oil:

XTI/USD: Main trend is bearish. Daily Resistance: 56.80; Daily Support: 55.90. Consider long positions only if price breaks through daily resistance.

5. Bitcoin:

Performance: After reaching a peak, BTC has entered a correction and accumulation (sideways) phase. Trading around $92,668, below short-term EMAs.
Structure: EMAs are starting to slope downward and intertwine, acting as dynamic resistance just above ($92,800 - $93,000). BTC needs to reclaim this zone to resume its uptrend.

The above assessments represent the personal views of analyst Loki (Lotus) and are not a basis for actual trading.
Lotus only provides technical analysis and trading education.
Lotus does not represent any securities or asset management companies.
Lotus does not manage student funds.

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