Gold Surges Ahead of Fed Rate Cut Decision

Release Time: 10:00 AM, September 4, 2025

Publisher: Mr. Tony


MARKET OVERVIEW

1. Stock Market:

  • Vietnam Stock Market:
    Movement: VN-Index is trading within a narrow range, rebounding close to the reference level, influenced by U.S. tax policies.
    During session: Liquidity declined, buying power remained weak. Oil & gas stocks rose in line with global oil prices; steel, real estate, technology, and construction also traded positively. In contrast, banking, securities, and retail underperformed. Foreign investors continued net buying, focusing on HPG, VPB, and FPT.
    VN-Index: Consolidating around 1,670 points. If liquidity improves, it may move toward 1,645–1,600 points; short-term outlook remains positive but volatile. Priority sectors: banking, real estate, securities, and utilities.

  • U.S. Stock Market:
    Wall Street closed mixed: strong performance in technology (led by Google) helped offset overall market weakness. Investors weighed the antitrust ruling against Google alongside signs of labor market softening. Treasury bonds gained, yields declined. Markets are almost certain the Fed will cut the benchmark interest rate by 25 basis points at the September meeting.


2. Forex:

  • GBP/USD: Bearish trend. Short positions may be considered today. Daily resistance: 1.34800

  • USD/JPY: Bullish trend. Long positions may be considered today. Daily support: 147.500


3. Gold:

Gold extended its strong rally, hitting a new record high intraday at $3,549.40/oz, up about 2.18% from yesterday’s close of $3,477.54. December futures touched $3,551. Support lies around $3,450–3,489, with resistance targets at $3,570–3,800.
Main drivers: strong safe-haven demand as the Fed is expected to cut rates, amid geopolitical uncertainty and weakening confidence in the USD.


4. Oil:

XTI/USD: Bearish trend. Short positions may be considered today. Daily resistance: 64.50


5. Crypto:

Current price: around $111,675, up slightly 0.33% compared to the previous session. Daily range: low of $110,566 to high of $112,519. BTC continues to consolidate within a defined range, awaiting a larger breakout move ahead.


TRADING PLANS

  • GBP/USD

    • Trend: Bearish

    • Sell at 1.34320, stop loss 1.34820, take profit 1.33320

  • Oil

    • Trend: Bearish

    • Sell at 63.3, stop loss 67, take profit 57.5


KEY EVENTS TODAY

1:30 PM – CHF (Switzerland)

  • CPI m/m (Consumer Price Index): Actual: 0.0% | Forecast: 0.0%

7:15 PM – USD (U.S.)

  • ADP Non-Farm Employment Change: Actual: 73K | Forecast: 104K

7:30 PM – USD (U.S.)

  • Unemployment Claims: Actual: 230K | Forecast: 229K

9:00 PM – USD (U.S.)

  • ISM Services PMI: Actual: 50.9 | Forecast: 50.1


DISCLAIMER

 

  • The above analysis represents only the personal view 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 students.

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

  • Lotus does not manage students’ funds.