Gold: Potential to have more downside 4,140-4,160 (wave 5)
Gold fell sharply from the 4,380 USD/oz area and has an impulsive wave structure. The recovery structure of wave 4 is a Flat wave, so it is forecasted that in the week of October 20-25, 2025, there will be a further decline to the center of 4,140-4,160 USD before recovering again in the A-B-C form (Corrrective wave)
VNINDEX could be in the early stages of major correction cycle
VNINDEX is about to complete its fifth wave of fifh starting from 2023 to present (contact the author for detailed wave counting). Therefore, it is forecasted that next week, VN-Index will struggle below 1,800 area.
Recommended action: Next week, observe the reaction of VNI decreasing to near 1,700 with the focus waiting on the Banking group as this group has discounted a lot in the past time.
VN30 Future Index (41I1FB000)
41I1FB000 according to the Elliott wave theory impulse wave pattern shows that it is in wave 3 with target of 1950-1955 points before bouncing back