Gold: Is it preparing to set a new high or about to decline sharply from the current peak?

Release Time: 10:00 AM, September 12, 2025

Publisher: Mr. Tony

MARKET OVERVIEW

1. Stock Market

Vietnam Market:
The market found support at the 1,605 level and rebounded above MA(20). Liquidity improved but still remained below the 20-session average, indicating that capital is attempting to absorb low-priced supply. However, selling pressure could increase around the resistance zones of 1,665 – 1,700. To maintain a balanced trend, the market requires more stable buying force around MA(20).
U.S. Market:
Optimism continues to spread as major U.S. indices hit new highs: S&P 500 rose to a record 6,587.47 (+0.8%), Dow Jones surged 1.4% surpassing 46,000 for the first time, while Nasdaq added about 0.7%.

2. Forex

GBP/USD remains in an uptrend, daily support at 1.35000.
USD/JPY remains in a downtrend, daily resistance at 147.800.

3. Gold

Gold prices remain near historic highs, supported by softer U.S. economic data that has boosted expectations of a Fed rate cut. Spot gold is trading around $3,636.59/oz, after briefly reaching $3,673.95/oz earlier in the week. December gold futures also remain firm near the highs, with slight pullbacks. Gold is in a consolidation phase after a strong rally, as investors cautiously await CPI and inflation data to determine the next trend.

4. Oil

XTI/USD remains in a downtrend, daily resistance at 62.50.

5. Crypto

Bitcoin is currently trading around $115,500–$115,600, slightly higher than the previous session. BTC remains stable in the high range after a prior breakout. This is considered a consolidation phase – price fluctuating in a wide range without a clear next direction.

TRADING STRATEGY

Vietnam Stocks:
HPG – Recommendation: BUY HPG (12/09/2025)
Entry: 28,500 – 29,200 VND
Target 1: 31,000 VND
Target 2: 35,000 VND
Stop-loss: 27,400 VND
Gold:
Trend: Uptrend
Recommendation: Buy at 3,337 – 3,339
Stop-loss: 3,328
Take-profit: 3,360 – 3,374

KEY EVENTS TODAY

1:00 PM – GBP

GDP m/m
Actual: 0.0% | Forecast: 0.4%

9:00 PM – USD

Prelim UoM Consumer Sentiment
Actual: 58.2 | Forecast: 58.2
Prelim UoM Inflation Expectations
Actual: 4.8%

DISCLAIMER

The above analysis represents only the personal views of analyst Tony from Lotus and should not be considered as a basis for real market participation.
Lotus only provides 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.