Cautious Market: Investors Await Powell, Gold and Bitcoin Become Safe-Haven Focus

Release Time: 10:00, August 19, 2025
Publisher: Mr. Leon

MARKET OVERVIEW

1. Stock Market

  • Vietnam Market:
    The market recovered slightly after last weekend’s volatility. Liquidity decreased, showing cooling supply, while capital inflow still provided support. The gap-up signal on August 14 continues to have a positive effect. The previous uptrend still supports recovery, with expectations to retest the resistance zone of 1,650 – 1,660 points.

  • U.S. Market:
    Dow Jones slipped slightly by 0.08% (~34 points) to close at 44,911.82. The S&P 500 was nearly flat, edging down 0.01% to 6,449.15. Nasdaq Composite rose slightly by 0.03% to 21,629.77. Investors are awaiting Fed Chair Powell’s speech at Jackson Hole later this week. The market seems to be “pausing for breath” to assess possible monetary policy adjustments. Meanwhile, small-cap momentum has started to fade, while tech stocks remain relatively strong.

2. Forex

  • EUR/USD: Recent trend: Up, showing signs of weakening. Resistance: 1.1720 – 1.1740. Support: 1.1600 – 1.1540.

  • USD/JPY: Recent trend: Sideways, mild rebound but lacking strength. Resistance: 148.20 – 148.50. Support: 146.90 – 146.50.

3. Gold

Gold is edging higher from a two-week low, supported by declining U.S. bond yields and increased safe-haven demand amid U.S.–Russia talks. Spot gold is at 3,345.64 USD/oz (+0.3%).

  • According to APMEX: Gold is quoted at 3,349.50 USD/oz, up +0.01% in 24 hours (Buy: 3,328.50 USD).

  • According to JMBullion: Gold trades around 3,370.89 USD/oz, slightly corrected from last week’s high, as markets await U.S. tariff analysis and economic data.

Summary: Gold is trading in the 3,345 – 3,370 USD/oz range, stable with slight downward pressure.

4. Oil

Main trend: Strong decline, extending from $72 to near $62.
Resistance: $63.80 – $64.50. Support: $62.00 – $61.20.

5. Bitcoin

BTC is trading at 115,951 USD, flat compared to the previous day, with intraday range 114,742 – 116,997 USD.

Summary: BTC consolidates around 115–116k USD, holding steady after its earlier rebound.


RECOMMENDATIONS

1. Oil

  • Trend: Recovery, bullish potential.

  • Entry: Buy at 63.20. Stop loss: 62.20. Take profit: 65.20.

2. Vietnam Stock: NLG
Recommendation: BUY NLG (19/08/2025)

  • Entry: 44,000 – 45,000 VND.

  • Target 1: 49,500 VND.

  • Target 2: 54,000 VND.

  • Stop loss: 42,200 VND.


TODAY’S NOTABLE EVENT


DISCLAIMER

 

  • The above views represent only the personal opinion of analyst Leon at Lotus and are not a basis for real market participation.

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

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

  • Lotus does not manage students’ funds.