A Comprehensive Look: Gold Cools Down, Bitcoin Heats Up – VN Stocks Nearing All-Time Highs

Release Date: August 12, 2025, 10:00 AM

Author: Mr. Leon


 

MARKET OVERVIEW

 

1. Stock Market:

  • Vietnam Market: The market maintains its upward trend, surpassing the 1,585-point mark, but with smaller bullish candles and reduced trading volume, indicating a cooling-off of profit-taking pressure. The upward momentum is still cautious, but with the advantage leaning towards buyers, the market has the potential to set new peaks and target resistance levels at 1,620 and 1,650 points.

  • US Market: The S&P 500 fell 0.3% (-16 points) to close at 6,373.45, the Dow Jones lost 0.5% (-200 points) at 43,975.09, and the Nasdaq slipped slightly by 0.3% (-64.6 points) to 21,385.40. Caution increased as investors awaited the July CPI data—a result that could clearly define the outlook for the Fed's interest rate policy.

2. Foreign Exchange:

  • This week, the EUR/USD exchange rate has fluctuated between 1.154 and 1.169, reaching a peak on August 7 and a low on August 5.

  • Last week, the GBP/USD rate ranged from 1.327 to 1.347, hitting its highest level yesterday (August 11).

3. Gold:

  • The price of gold has seen a slight increase of ~0.2%, reaching approximately $3,350.03/ounce. December gold futures contracts stabilized around $3,402.80/oz.

  • The upward trend for gold may have paused and could be starting to form a bearish trend in the near future.

4. Oil:

  • The price of WTI (U.S. crude oil) is currently at $67.33/barrel, down approximately -1.55% from the previous day ($68.39). Simultaneously, the September oil futures contract is around $64, reflecting a positive short-term trend.

5. Bitcoin:

  • The price of Bitcoin is around $120,638.53, an approximate +3% increase from the $118,733 level a week ago.

  • Bitcoin's bullish trend is holding firm above the $118,000 price level. This is a good sign, showing that BTC still has the potential to increase in value in the near future.


 

RECOMMENDATIONS:

 

1. BTC/USD

  • Trend: Bullish

  • Recommendation: Buy at 119,000, stop loss at 117,000, take profit at 123,000.

2. Vietnamese Stock: VCB

  • Recommendation: BUY VCB (August 12, 2025). Entry price: 61,700 - 62,700 VND. Target 1: 67,000 VND. Target 2: 73,000 VND. Stop loss: 58,800 VND.


 

NOTABLE EVENTS TODAY:

 


 

DISCLAIMER:

 

  • The above analysis represents only the personal opinion of analyst Leon from Lotus and should not be used as a basis for participating in actual markets.

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

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

  • Lotus does not manage the funds of its students.