Will gold continue to rise or experience a sharp collapse today?

Release Time: 10:00 AM, October 10, 2025

Issued by: Mr. Tony


MARKET OVERVIEW

1. Stock Market

  • Vietnam Market:
    The market continued its upward momentum, temporarily surpassing the 1,700–1,710 range with improved liquidity, indicating solid capital inflows. Although the breakout above resistance is not yet decisive, the 1,700–1,710 zone now serves as short-term support. If buying strength remains steady and absorbs supply effectively, the uptrend could extend further in the coming sessions.

  • U.S. Market:
    On October 9, U.S. markets experienced slight corrections: the S&P 500 fell by ~0.3%, Dow Jones lost ~0.5%, and Nasdaq slipped ~0.1% after recent strong gains. The pullback mainly came from profit-taking amid delayed economic data due to the government “shutdown.” Notably, JPMorgan CEO Jamie Dimon warned of a possible major correction within the next 6–24 months, adding to investor caution.


2. Forex

  • USD/JPY: If short-term weakness appears today, short positions may be considered. Daily resistance: 153.20.

  • GBP/USD: Short-term intraday uptrend; long positions can be considered today. Daily support: 1.32900.


3. Gold

Gold has just surpassed the $4,000/oz mark, setting a new all-time high. This represents a ~53% increase year-to-date, driven by strong safe-haven demand amid global political and economic uncertainty, as well as expectations of continued Fed rate cuts. Some analysts suggest that gold could target the $4,160 level if the current momentum continues.


4. Oil

  • XTI/USD: Downtrend continues. Trading is limited on Friday to avoid overnight holding risk. Daily resistance: 62.50.


5. Crypto

The current BTC price is around $121,409, down approximately -0.537% from the previous session.
Daily range: High ~ $123,681 | Low ~ $119,915.


TRADING PLAN

  • Stock Recommendation:
    BUY ACB (10/10/2025)
    Entry: 26,500 – 27,000 VND
    Target 1: 28,500 VND | Target 2: 32,000 VND
    Stop loss: 25,800 VND

  • GOLD:
    Trend: Bullish
    Recommendation: Buy at 3984 | Stop loss: 3966 | Take profit: 4021


KEY EVENTS TODAY

5:00 AM – AUD
RBA Governor Bullock Speaks

7:30 PM – CAD
Employment Change: Actual 2.8K | Forecast -65.5K
Unemployment Rate: Actual 7.2% | Forecast 7.1%

9:00 PM – USD
University of Michigan Preliminary Consumer Sentiment: Actual 54.1 | Forecast 55.1
University of Michigan Preliminary Inflation Expectations: Actual 4.7%


DISCLAIMER

· The above analysis reflects only the personal opinion of analyst Tony from Lotus and should not be considered as investment advice for real trading.
· Lotus provides technical analysis and trading education for learners only.
· Lotus does not represent any securities company or asset management firm.
· Lotus does not manage or handle clients’ funds.