{"id":24105,"date":"2026-07-29T04:21:36","date_gmt":"2026-07-29T04:21:36","guid":{"rendered":"https:\/\/www.maxainasia.com\/?p=24105"},"modified":"2026-07-29T04:21:36","modified_gmt":"2026-07-29T04:21:36","slug":"daily-commentary-441","status":"publish","type":"post","link":"https:\/\/www.maxainasia.com\/vi\/daily-commentary-441-20260729\/","title":{"rendered":"XAU\/USD \u0111\u1ee3i Fed \u0111\u01b0a ra \u0111\u1ed9ng th\u00e1i l\u1edbn ti\u1ebfp theo"},"content":{"rendered":"<ul class=\"wp-block-list has-text-color\" style=\"color: #f40307;\">\n<li><strong>Gi\u00e1 v\u00e0ng gi\u1eef v\u1eefng m\u1ee9c $4.000 trong ng\u00e0y h\u1ecdp c\u1ee7a Fed, sau khi tr\u01b0\u1edbc \u0111\u00f3 \u0111\u00e3 ch\u1ea1m m\u1ee9c th\u1ea5p nh\u1ea5t trong s\u00e1u ng\u00e0y t\u1ea1i th\u1ecb tr\u01b0\u1eddng ch\u00e2u \u00c1.<\/strong><\/li>\n<li><strong>\u0110\u00f4 la M\u1ef9 gi\u1eef v\u1eefng \u0111\u00e0 ph\u1ee5c h\u1ed3i gi\u1eefa d\u1eef li\u1ec7u kinh t\u1ebf y\u1ebfu v\u00e0 ho\u1ea1t \u0111\u1ed9ng ch\u1ed1t l\u1eddi tr\u01b0\u1edbc r\u1ee7i ro s\u1ef1 ki\u1ec7n Fed.<\/strong><\/li>\n<li><strong>V\u00e0ng chu\u1ea9n b\u1ecb cho bi\u1ebfn \u0111\u1ed9ng nh\u01b0ng thi\u1ebft l\u1eadp k\u1ef9 thu\u1eadt h\u00e0ng ng\u00e0y ti\u1ebfp t\u1ee5c \u1ee7ng h\u1ed9 phe b\u00e1n.<\/strong><\/li>\n<\/ul>\n<p>Trong phi\u00ean giao d\u1ecbch ch\u00e2u \u00c1 h\u00f4m th\u1ee9 T\u01b0, gi\u00e1 v\u00e0ng \u0111ang c\u1ed1 g\u1eafng ph\u1ee5c h\u1ed3i nh\u1eb9 t\u1eeb m\u1ee9c th\u1ea5p nh\u1ea5t trong s\u00e1u ng\u00e0y g\u1ea7n m\u1ed1c $4.000, trong khi ch\u1edd \u0111\u1ee3i k\u1ebft qu\u1ea3 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (Fed) \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh \u0111\u1ed9ng th\u00e1i quan tr\u1ecdng ti\u1ebfp theo.<\/p>\n<p>V\u00e0ng \u0111ang c\u1ee7ng c\u1ed1 sau hai ng\u00e0y thua l\u1ed7 li\u00ean ti\u1ebfp, v\u1edbi c\u00e1c nh\u00e0 giao d\u1ecbch t\u00e1i \u0111\u1ecbnh v\u1ecb tr\u01b0\u1edbc c\u00e1c r\u1ee7i ro t\u1eeb s\u1ef1 ki\u1ec7n c\u1ee7a Fed.<\/p>\n<p>Trong vi\u1ec7c n\u00e0y, v\u00e0ng \u0111ang c\u1ed1 g\u1eafng t\u1eadn d\u1ee5ng \u0111\u00e0 ph\u1ee5c h\u1ed3i trong ng\u00e0y, khi \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 (USD) gi\u1eef v\u1eefng m\u1ee9c l\u1ed7 qua \u0111\u00eam, sau d\u1eef li\u1ec7u C\u00e1n c\u00e2n Th\u01b0\u01a1ng m\u1ea1i H\u00e0ng h\u00f3a S\u01a1 b\u1ed9 c\u1ee7a M\u1ef9 cho th\u00e1ng 6 y\u1ebfu v\u00e0 s\u1ef1 \u0111i\u1ec1u ch\u1ec9nh ch\u1ed1t l\u1eddi t\u1eeb m\u1ee9c cao ba th\u00e1ng.<\/p>\n<p>Tuy nhi\u00ean, vi\u1ec7c c\u00e1c cu\u1ed9c giao tranh t\u1ea1i Trung \u0110\u00f4ng b\u00f9ng ph\u00e1t tr\u1edf l\u1ea1i \u0111\u00e3 \u0111\u1ea9y gi\u00e1 d\u1ea7u t\u0103ng m\u1ea1nh 4%, l\u00e0m d\u1ea5y l\u00ean lo ng\u1ea1i v\u1ec1 l\u1ea1m ph\u00e1t v\u00e0 c\u1ee7ng c\u1ed1 k\u1ef3 v\u1ecdng v\u1ec1 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 th\u1eaft ch\u1eb7t c\u1ee7a Fed, t\u1eeb \u0111\u00f3 h\u1ea1n ch\u1ebf \u0111\u00e0 t\u0103ng tr\u1edf l\u1ea1i c\u1ee7a v\u00e0ng \u2013 m\u1ed9t t\u00e0i s\u1ea3n kh\u00f4ng sinh l\u00e3i.<\/p>\n<p>B\u1ed9 T\u01b0 l\u1ec7nh Trung t\u00e2m Hoa K\u1ef3: \u0111\u00e3 ti\u1ebfn h\u00e0nh c\u00e1c cu\u1ed9c t\u1ea5n c\u00f4ng ch\u00ednh x\u00e1c \u1edf Iraq nh\u1eb1m v\u00e0o c\u00e1c nh\u00f3m \u0111\u01b0\u1ee3c Iran h\u1eadu thu\u1eabn \u0111ang l\u00ean k\u1ebf ho\u1ea1ch t\u1ea5n c\u00f4ng l\u1ef1c l\u01b0\u1ee3ng Hoa K\u1ef3 v\u00e0 c\u00e1c c\u01a1 s\u1edf d\u1ea7u m\u1ecf c\u1ee7a \u1ea2 R\u1eadp X\u00ea-\u00fat. \u0110i\u1ec1u n\u00e0y di\u1ec5n ra sau khi L\u1ef1c l\u01b0\u1ee3ng V\u1ec7 binh C\u00e1ch m\u1ea1ng H\u1ed3i gi\u00e1o Iran (IRGC) b\u1eafn nhi\u1ec1u t\u00ean l\u1eeda \u0111\u1ea1n \u0111\u1ea1o t\u1eeb Iran v\u00e0o l\u1ef1c l\u01b0\u1ee3ng Hoa K\u1ef3 \u1edf Trung \u0110\u00f4ng v\u00e0 v\u00e0o c\u00e1c c\u01a1 s\u1edf d\u1ea7u m\u1ecf \u1edf \u1ea2 R\u1eadp X\u00ea-\u00fat.<\/p>\n<p>H\u01a1n n\u1eefa, c\u00e1c nh\u00e0 giao d\u1ecbch v\u00e0ng tr\u00e1nh m\u1edf b\u1ea5t k\u1ef3 v\u1ecb th\u1ebf m\u1edbi n\u00e0o tr\u01b0\u1edbc khi c\u00f3 th\u00f4ng b\u00e1o ch\u00ednh s\u00e1ch c\u1ee7a Fed, trong b\u1ed1i c\u1ea3nh c\u00f3 r\u1ee7i ro th\u1ef1c t\u1ebf ng\u00e0y c\u00e0ng t\u0103ng l\u00e0 Fed s\u1ebd ch\u1ecdn t\u0103ng l\u00e3i su\u1ea5t trong tu\u1ea7n n\u00e0y.<\/p>\n<p>Theo c\u00f4ng c\u1ee5 FedWatch c\u1ee7a CME Group, th\u1ecb tr\u01b0\u1eddng \u0111ang \u0111\u1ecbnh gi\u00e1 kh\u1ea3 n\u0103ng t\u0103ng l\u00e3i su\u1ea5t 25 \u0111i\u1ec3m c\u01a1 b\u1ea3n (bps) t\u1ea1i cu\u1ed9c h\u1ecdp th\u00e1ng 7, t\u0103ng nh\u1eb9 so v\u1edbi m\u1ee9c 25% \u0111\u01b0\u1ee3c ghi nh\u1eadn c\u00e1ch \u0111\u00e2y h\u01a1n m\u1ed9t tu\u1ea7n, theo c\u00f4ng c\u1ee5 FedWatch c\u1ee7a CME Group, trong khi d\u1ef1 b\u00e1o x\u00e1c su\u1ea5t t\u0103ng l\u00e3i su\u1ea5t v\u00e0o th\u00e1ng 9 l\u00e0 80%.<\/p>\n<p>Ngo\u00e0i quy\u1ebft \u0111\u1ecbnh v\u1ec1 l\u00e3i su\u1ea5t, s\u1ef1 chia r\u1ebd trong phi\u1ebfu b\u1ea7u v\u00e0 gi\u1ecdng \u0111i\u1ec7u c\u1ee7a T\u00e2n Ch\u1ee7 t\u1ecbch Fed Kevin Warsh trong cu\u1ed9c h\u1ecdp b\u00e1o sau cu\u1ed9c h\u1ecdp ch\u00ednh s\u00e1ch s\u1ebd \u0111\u01b0\u1ee3c xem x\u00e9t k\u1ef9 l\u01b0\u1ee1ng \u0111\u1ec3 t\u00ecm ki\u1ebfm nh\u1eefng g\u1ee3i \u00fd m\u1edbi v\u1ec1 tri\u1ec3n v\u1ecdng t\u0103ng l\u00e3i su\u1ea5t trong th\u00e1ng 9.<\/p>\n<p>N\u1ebfu c\u00e1c nh\u00e0 ho\u1ea1ch \u0111\u1ecbnh ch\u00ednh s\u00e1ch th\u1eeba nh\u1eadn l\u1ea1m ph\u00e1t k\u00e9o d\u00e0i, s\u1ef1 chia r\u1ebd trong b\u1ecf phi\u1ebfu cho th\u1ea5y l\u1eadp tr\u01b0\u1eddng \"di\u1ec1u h\u00e2u\" h\u01a1n d\u1ef1 ki\u1ebfn, ho\u1eb7c Warsh \u0111\u1ec3 ng\u1ecf kh\u1ea3 n\u0103ng t\u0103ng l\u00e3i su\u1ea5t v\u00e0o cu\u1ed1i n\u0103m, \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 v\u00e0 l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu kho b\u1ea1c c\u00f3 th\u1ec3 t\u0103ng, g\u00e2y \u00e1p l\u1ef1c m\u1edbi l\u00ean v\u00e0ng, t\u00e0i s\u1ea3n kh\u00f4ng mang l\u1ea1i l\u1ee3i su\u1ea5t.<\/p>\n<p>Ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu Warsh h\u1ea1 th\u1ea5p t\u00e1c \u0111\u1ed9ng l\u1ea1m ph\u00e1t c\u1ee7a gi\u00e1 n\u0103ng l\u01b0\u1ee3ng cao h\u01a1n v\u00e0 nh\u1eafc l\u1ea1i r\u1eb1ng c\u00e1c quy\u1ebft \u0111\u1ecbnh ch\u00ednh s\u00e1ch trong t\u01b0\u01a1ng lai s\u1ebd ph\u1ee5 thu\u1ed9c v\u00e0o d\u1eef li\u1ec7u kinh t\u1ebf s\u1eafp t\u1edbi, th\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 gi\u1ea3m b\u1edbt k\u1ef3 v\u1ecdng t\u0103ng l\u00e3i su\u1ea5t v\u00e0o th\u00e1ng 9. \u0110i\u1ec1u n\u00e0y c\u00f3 kh\u1ea3 n\u0103ng l\u00e0m \u0111\u1ed3ng USD suy y\u1ebfu, k\u00e9o l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu kho b\u1ea1c xu\u1ed1ng th\u1ea5p h\u01a1n v\u00e0 th\u00fac \u0111\u1ea9y \u0111\u00e0 ph\u1ee5c h\u1ed3i b\u1ec1n v\u1eefng c\u1ee7a gi\u00e1 v\u00e0ng.<\/p>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-24106\" src=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-29-1024x390.png\" alt=\"Gold Technical Analysis\" width=\"1024\" height=\"390\" srcset=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-29-1024x390.png 1024w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-29-300x114.png 300w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-29-768x292.png 768w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-29-1536x585.png 1536w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-29-18x7.png 18w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-29.png 1647w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n<p>Tr\u00ean bi\u1ec3u \u0111\u1ed3 h\u00e0ng ng\u00e0y, c\u1eb7p XAU\/USD \u0111ang giao d\u1ecbch \u1edf m\u1ee9c $4,028.78, ti\u1ebfp t\u1ee5c giai \u0111o\u1ea1n \u0111i\u1ec1u ch\u1ec9nh d\u01b0\u1edbi t\u1ea5t c\u1ea3 c\u00e1c \u0111\u01b0\u1eddng trung b\u00ecnh \u0111\u1ed9ng ch\u00ednh v\u00e0 duy tr\u00ec xu h\u01b0\u1edbng gi\u1ea3m trong ng\u1eafn h\u1ea1n. \u0110\u01b0\u1eddng trung b\u00ecnh \u0111\u1ed9ng \u0111\u01a1n gi\u1ea3n (SMA) 21 ng\u00e0y \u1edf m\u1ee9c kho\u1ea3ng $4,070 n\u1eb1m ngay tr\u00ean gi\u00e1 giao ngay v\u00e0 \u0111\u00f3ng vai tr\u00f2 l\u00e0 ng\u01b0\u1ee1ng kh\u00e1ng c\u1ef1 tr\u01b0\u1edbc m\u1eaft, v\u1edbi SMA 50 ng\u00e0y g\u1ea7n m\u1ee9c $4,202 c\u1ee7ng c\u1ed1 m\u1ee9c tr\u1ea7n tr\u00ean r\u1ed9ng h\u01a1n, trong khi SMA 100 ng\u00e0y v\u00e0 200 ng\u00e0y t\u1eadp trung quanh m\u1ee9c $4,447\u20134,491 \u1edf ph\u00eda tr\u00ean h\u01a1n n\u1eefa cho th\u1ea5y xu h\u01b0\u1edbng trung h\u1ea1n v\u1eabn ch\u1ecbu \u00e1p l\u1ef1c. Ch\u1ec9 s\u1ed1 S\u1ee9c m\u1ea1nh T\u01b0\u01a1ng \u0111\u1ed1i (14) dao \u0111\u1ed9ng quanh m\u1ee9c 44 v\u00e0 v\u1eabn n\u1eb1m d\u01b0\u1edbi \u0111\u01b0\u1eddng trung l\u1eadp 50, cho th\u1ea5y \u0111\u1ed9ng l\u01b0\u1ee3ng gi\u1ea3m gi\u00e1 v\u1eabn chi\u1ebfm \u01b0u th\u1ebf, ngay c\u1ea3 khi \u0111i\u1ec1u ki\u1ec7n b\u00e1n qu\u00e1 m\u1ee9c ch\u01b0a r\u00f5 r\u00e0ng.<\/p>\n<p>\u1ede ph\u00eda t\u0103ng, ng\u01b0\u1ee1ng kh\u00e1ng c\u1ef1 ban \u0111\u1ea7u n\u1eb1m t\u1ea1i \u0111\u01b0\u1eddng trung b\u00ecnh \u0111\u1ed9ng 21 ng\u00e0y (SMA) quanh m\u1ee9c $4,070, ti\u1ebfp theo l\u00e0 \u0111\u01b0\u1eddng trung b\u00ecnh \u0111\u1ed9ng 50 ng\u00e0y (SMA) g\u1ea7n m\u1ee9c $4,202, n\u01a1i \u00e1p l\u1ef1c b\u00e1n c\u00f3 th\u1ec3 t\u00e1i xu\u1ea5t hi\u1ec7n n\u1ebfu gi\u00e1 c\u1ed1 g\u1eafng ph\u1ee5c h\u1ed3i. \u1ede m\u1ee9c cao h\u01a1n, \u0111\u01b0\u1eddng SMA 100 ng\u00e0y \u1edf kho\u1ea3ng $4,447 v\u00e0 \u0111\u01b0\u1eddng SMA 200 ng\u00e0y g\u1ea7n $4,491 t\u1ea1o th\u00e0nh m\u1ed9t d\u1ea3i kh\u00e1ng c\u1ef1 xa, c\u1ea7n ph\u1ea3i \u0111\u01b0\u1ee3c chinh ph\u1ee5c l\u1ea1i \u0111\u1ec3 l\u00e0m d\u1ecbu c\u1ea5u tr\u00fac gi\u1ea3m gi\u00e1 hi\u1ec7n t\u1ea1i. V\u1ec1 ph\u00eda gi\u1ea3m gi\u00e1, do kh\u00f4ng c\u00f3 m\u1ee9c h\u1ed7 tr\u1ee3 t\u1eeb \u0111\u01b0\u1eddng trung b\u00ecnh \u0111\u1ed9ng n\u00e0o g\u1ea7n \u0111\u00f3, c\u00e1c nh\u00e0 giao d\u1ecbch c\u00f3 th\u1ec3 xem x\u00e9t c\u00e1c m\u1ee9c gi\u00e1 th\u1ea5p g\u1ea7n \u0111\u00e2y v\u00e0 c\u00e1c m\u1ed1c t\u00e2m l\u00fd tr\u00f2n d\u01b0\u1edbi $4,000 nh\u01b0 c\u00e1c v\u00f9ng c\u1ea7u ti\u1ec1m n\u0103ng t\u1ea1m th\u1eddi; tuy nhi\u00ean, n\u1ebfu kh\u00f4ng gi\u1eef \u0111\u01b0\u1ee3c c\u00e1c v\u00f9ng n\u00e0y, c\u1eb7p XAU\/USD s\u1ebd d\u1ec5 b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi m\u1ed9t \u0111\u1ee3t gi\u1ea3m s\u00e2u h\u01a1n.<\/p>","protected":false},"excerpt":{"rendered":"<p>Gold defends $4,000 on Fed Day, having hit fresh six-day lows earlier in Asia. The US Dollar holds the pullback amid soft economic data and profit-taking pre-Fed event risk. Gold braces for volatility but the daily technical setup continues to favor sellers. Gold\u00a0is attempting a tepid bounce from six-day lows near $4,000 in Wednesday\u2019s Asian &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.maxainasia.com\/vi\/daily-commentary-441-20260729\/\" class=\"more-link\">\u0110\u1ecdc ti\u1ebfp<span class=\"screen-reader-text\"> &#8220;XAU\/USD looks to the Fed for the next big move&#8221;<\/span><\/a><\/p>","protected":false},"author":5,"featured_media":17233,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-24105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-commentary"],"_links":{"self":[{"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/posts\/24105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/comments?post=24105"}],"version-history":[{"count":2,"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/posts\/24105\/revisions"}],"predecessor-version":[{"id":24108,"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/posts\/24105\/revisions\/24108"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/media\/17233"}],"wp:attachment":[{"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/media?parent=24105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/categories?post=24105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/tags?post=24105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}