{"id":24207,"date":"2026-09-02T05:52:00","date_gmt":"2026-09-02T05:52:00","guid":{"rendered":"https:\/\/www.maxainasia.com\/?p=24207"},"modified":"2026-09-02T05:52:00","modified_gmt":"2026-09-02T05:52:00","slug":"daily-commentary-458","status":"publish","type":"post","link":"https:\/\/www.maxainasia.com\/vi\/daily-commentary-458-20260902\/","title":{"rendered":"Tri\u1ec3n v\u1ecdng ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee9ng r\u1eafn c\u1ee7a Fed khi\u1ebfn c\u1eb7p XAU\/USD ti\u1ebfp t\u1ee5c gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi m\u1ee9c $4.300"},"content":{"rendered":"<ul style=\"color:#f40307\" class=\"wp-block-list has-text-color\">\n<li><strong>Gi\u00e1 v\u00e0ng ti\u1ebfp t\u1ee5c gi\u1ea3m xu\u1ed1ng g\u1ea7n m\u1ee9c $4.287 khi l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu M\u1ef9 \u0111\u1ea1t m\u1ee9c cao k\u1ef7 l\u1ee5c.<\/strong><\/li>\n<li><strong>C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang \u0111\u01b0\u1ee3c d\u1ef1 \u0111o\u00e1n s\u1ebd t\u0103ng l\u00e3i su\u1ea5t trong cu\u1ed9c h\u1ecdp ch\u00ednh s\u00e1ch v\u00e0o th\u00e1ng n\u00e0y.<\/strong><\/li>\n<li><strong>Nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111ang ch\u1edd \u0111\u1ee3i d\u1eef li\u1ec7u Thay \u0111\u1ed5i vi\u1ec7c l\u00e0m ADP quan tr\u1ecdng c\u1ee7a M\u1ef9 trong th\u00e1ng 8.<\/strong><\/li>\n<\/ul>\n<p>Gi\u00e1 v\u00e0ng ti\u1ebfp t\u1ee5c \u0111\u00e0 gi\u1ea3m v\u00e0o th\u1ee9 T\u01b0, \u0111\u1ed1i m\u1eb7t v\u1edbi \u00e1p l\u1ef1c l\u1edbn do l\u1ee3i su\u1ea5t Tr\u00e1i phi\u1ebfu Kho b\u1ea1c Hoa K\u1ef3 (US) t\u0103ng v\u1ecdt v\u00e0 gi\u00e1 d\u1ea7u t\u0103ng cao.<\/p>\n<p>Trong phi\u00ean giao d\u1ecbch t\u1ea1i ch\u00e2u \u00c1 h\u00f4m th\u1ee9 T\u01b0, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu Kho b\u1ea1c M\u1ef9 k\u1ef3 h\u1ea1n 10 n\u0103m \u0111\u00e3 ch\u1ea1m m\u1ee9c cao k\u1ef7 l\u1ee5c 4,81%, m\u1ee9c cao nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 11 n\u0103m 2023.<\/p>\n<p>L\u1ee3i su\u1ea5t cao h\u01a1n \u0111\u1ed1i v\u1edbi c\u00e1c t\u00e0i s\u1ea3n sinh l\u00e3i l\u00e0m gi\u1ea3m s\u1ee9c h\u1ea5p d\u1eabn c\u1ee7a c\u00e1c t\u00e0i s\u1ea3n kh\u00f4ng sinh l\u00e3i, ch\u1eb3ng h\u1ea1n nh\u01b0 v\u00e0ng.<\/p>\n<p>C\u00e1c chi\u1ebfn l\u01b0\u1ee3c gia t\u1ea1i BNY coi \u201cc\u00e1c m\u1ed1i lo ng\u1ea1i v\u1ec1 t\u00e0i kh\u00f3a v\u00e0 s\u1ef1 ho\u00e0i nghi v\u1ec1 uy t\u00edn c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang (Fed)\u201d l\u00e0 nh\u1eefng th\u1ee7 ph\u1ea1m ch\u00ednh \u0111\u1eb1ng sau \u0111\u1ee3t bi\u1ebfn \u0111\u1ed9ng m\u1edbi nh\u1ea5t c\u1ee7a l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu k\u1ef3 h\u1ea1n d\u00e0i c\u1ee7a M\u1ef9. H\u1ecd c\u0169ng nh\u1ea5n m\u1ea1nh r\u1eb1ng b\u00e0i ph\u00e1t bi\u1ec3u mang quan \u0111i\u1ec3m di\u1ec1u h\u00e2u c\u1ee7a Ch\u1ee7 t\u1ecbch Fed Kevin Warsh t\u1ea1i H\u1ed9i ngh\u1ecb chuy\u00ean \u0111\u1ec1 Jackson Hole \u0111\u00e3 khi\u1ebfn \u201cl\u00e3i su\u1ea5t qua \u0111\u00eam v\u00e0 l\u00e3i su\u1ea5t ho\u00e1n \u0111\u1ed5i \u0111\u1ed1i v\u1edbi l\u1ee3i su\u1ea5t k\u1ef3 h\u1ea1n 2 n\u0103m \u0111\u1ec1u ph\u1ea3n \u00e1nh k\u1ef3 v\u1ecdng v\u1ec1 m\u1ed9t s\u1ed1 bi\u1ec7n ph\u00e1p th\u1eaft ch\u1eb7t s\u1eafp t\u1edbi.\u201d<\/p>\n<p>BNY cho bi\u1ebft trong m\u1ed9t b\u1ea3n ghi nh\u1edb r\u1eb1ng m\u1eb7c d\u00f9 Ch\u1ee7 t\u1ecbch Fed Warsh kh\u00f4ng \u0111\u01b0a ra h\u01b0\u1edbng d\u1eabn tr\u01b0\u1edbc r\u00f5 r\u00e0ng trong b\u00e0i ph\u00e1t bi\u1ec3u t\u1ea1i Jackson Hole, \u00f4ng v\u1eabn \u201cti\u1ebfn s\u00e1t v\u1ea1ch gi\u1edbi h\u1ea1n nh\u1ea5t c\u00f3 th\u1ec3 trong vi\u1ec7c \u1ee7ng h\u1ed9 vi\u1ec7c t\u0103ng l\u00e3i su\u1ea5t\u201d, v\u1edbi vi\u1ec7c th\u1ecb tr\u01b0\u1eddng hi\u1ec7n \u0111ang \u201c\u0111\u1ecbnh gi\u00e1 x\u00e1c su\u1ea5t g\u1ea7n hai ph\u1ea7n ba cho m\u1ed9t \u0111\u1ee3t t\u0103ng t\u1ea1i cu\u1ed9c h\u1ecdp ng\u00e0y 16 th\u00e1ng 9 c\u1ee7a FOMC\u201d.<\/p>\n<p>Theo c\u00f4ng c\u1ee5 CME FedWatch, c\u00f3 67% kh\u1ea3 n\u0103ng C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (Fed) s\u1ebd t\u0103ng l\u00e3i su\u1ea5t t\u1ea1i cu\u1ed9c h\u1ecdp ch\u00ednh s\u00e1ch trong th\u00e1ng n\u00e0y.<\/p>\n<p>Gi\u00e1 d\u1ea7u WTI \u0111\u00e3 ti\u1ebfp t\u1ee5c \u0111\u00e0 t\u0103ng v\u00e0o th\u1ee9 T\u01b0, \u0111\u1ea1t m\u1ee9c cao nh\u1ea5t trong 5 tu\u1ea7n qua t\u1ea1i $90,78. Gi\u00e1 d\u1ea7u ti\u1ebfp t\u1ee5c t\u0103ng khi lo ng\u1ea1i v\u1ec1 t\u00ecnh tr\u1ea1ng gi\u00e1n \u0111o\u1ea1n ngu\u1ed3n cung n\u0103ng l\u01b0\u1ee3ng k\u00e9o d\u00e0i \u0111\u00e3 quay tr\u1edf l\u1ea1i do c\u00e1c h\u00e0nh \u0111\u1ed9ng g\u00e2y h\u1ea5n qu\u00e2n s\u1ef1 m\u1edbi gi\u1eefa M\u1ef9 v\u00e0 Iran.<\/p>\n<p>V\u00e0o h\u00f4m th\u1ee9 Ba, T\u1ed5ng th\u1ed1ng M\u1ef9 Donald Trump cho bi\u1ebft trong m\u1ed9t b\u00e0i \u0111\u0103ng tr\u00ean Truth Social r\u1eb1ng Washington \u0111ang t\u1ea5n c\u00f4ng c\u00e1c m\u1ee5c ti\u00eau c\u1ee7a Iran g\u1ea7n Eo bi\u1ec3n Hormuz \u0111\u1ec3 \u0111\u00e1p tr\u1ea3 \"n\u1ed7 l\u1ef1c th\u1ea5t b\u1ea1i\" c\u1ee7a Iran trong vi\u1ec7c r\u1ea3i mui bi\u1ec3n t\u1ea1i Eo bi\u1ec3n n\u00e0y, n\u01a1i hi\u1ec7n t\u1ea1i \u201ckh\u00f4ng c\u00f3 mui n\u00e0o.\u201d \u00d4ng Trump cho bi\u1ebft th\u00eam r\u1eb1ng c\u0103n c\u1ee9 c\u1ee7a M\u1ef9 t\u1ea1i Jordan \u0111\u00e3 b\u1eafn h\u1ea1 th\u00e0nh c\u00f4ng t\u1ea5t c\u1ea3 8 t\u00ean l\u1eeda do Tehran ph\u00f3ng \u0111i.<\/p>\n<p>Gi\u00e1 d\u1ea7u cao h\u01a1n ti\u1ebfp t\u1ee5c \u0111\u1ea9y k\u1ef3 v\u1ecdng l\u1ea1m ph\u00e1t to\u00e0n c\u1ea7u t\u0103ng l\u00ean, k\u1ecbch b\u1ea3n n\u00e0y d\u1ea5y l\u00ean lo ng\u1ea1i v\u1ec1 vi\u1ec7c c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng s\u1ebd t\u0103ng l\u00e3i su\u1ea5t. \u0110i\u1ec1u n\u00e0y \u0111i\u1ec1m b\u00e1o x\u1ea5u cho c\u00e1c t\u00e0i s\u1ea3n kh\u00f4ng sinh l\u1eddi, ch\u1eb3ng h\u1ea1n nh\u01b0 V\u00e0ng.<\/p>\n<p>Trong phi\u00ean giao d\u1ecbch ng\u00e0y Th\u1ee9 T\u01b0, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd theo d\u00f5i d\u1eef li\u1ec7u Thay \u0111\u1ed5i vi\u1ec7c l\u00e0m ADP c\u1ee7a M\u1ef9 trong th\u00e1ng 8, s\u1ebd \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 l\u00fac 12:15 GMT. Khu v\u1ef1c t\u01b0 nh\u00e2n c\u1ee7a M\u1ef9 d\u1ef1 ki\u1ebfn t\u1ea1o ra th\u00eam 48 ngh\u00ecn vi\u1ec7c l\u00e0m m\u1edbi, th\u1ea5p h\u01a1n m\u1ed9t ch\u00fat so v\u1edbi m\u1ee9c 44 ngh\u00ecn trong th\u00e1ng 7.<\/p>\n<p>D\u1eef li\u1ec7u vi\u1ec7c l\u00e0m khu v\u1ef1c t\u01b0 nh\u00e2n c\u1ee7a M\u1ef9 d\u1ef1 ki\u1ebfn s\u1ebd c\u00f3 t\u00e1c \u0111\u1ed9ng \u0111\u00e1ng k\u1ec3 \u0111\u1ebfn k\u1ef3 v\u1ecdng l\u00e3i su\u1ea5t c\u1ee7a Fed.<\/p>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"430\" src=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-1024x430.png\" alt=\"Gold Technical Analysis\" class=\"wp-image-24208\" srcset=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-1024x430.png 1024w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-300x126.png 300w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-768x323.png 768w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-1536x645.png 1536w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02-18x8.png 18w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/09\/gold-chart-2026-09-02.png 1702w\" 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 $4,295.45, duy tr\u00ec xu h\u01b0\u1edbng gi\u1ea3m trong ng\u1eafn h\u1ea1n khi v\u1eabn n\u1eb1m d\u01b0\u1edbi \u0111\u01b0\u1eddng Trung b\u00ecnh \u0110\u1ed9ng H\u1ed3i quy (EMA) 20 ng\u00e0y \u1edf m\u1ee9c kho\u1ea3ng $4,409.75. Vi\u1ec7c kh\u00f4ng th\u1ec3 l\u1ea5y l\u1ea1i m\u1ee9c kh\u00e1ng c\u1ef1 \u0111\u1ed9ng n\u00e0y c\u00e0ng c\u1ee7ng c\u1ed1 xu h\u01b0\u1edbng gi\u1ea3m, trong khi Ch\u1ec9 s\u1ed1 S\u1ee9c m\u1ea1nh T\u01b0\u01a1ng \u0111\u1ed1i (RSI 14) g\u1ea7n m\u1ee9c 44 cho th\u1ea5y \u0111\u1ed9ng l\u01b0\u1ee3ng ti\u00eau c\u1ef1c y\u1ebfu, nh\u01b0ng kh\u00f4ng qu\u00e1 c\u1ef1c \u0111oan, ph\u00f9 h\u1ee3p v\u1edbi m\u1ed9t giai \u0111o\u1ea1n \u0111i\u1ec1u ch\u1ec9nh h\u01a1n l\u00e0 m\u1ed9t \u0111\u1ee3t b\u00e1n th\u00e1o do qu\u00e1 b\u00e1n ho\u00e0n to\u00e0n.<\/p>\n<p>\u1ede ph\u00eda t\u0103ng, ng\u01b0\u1ee1ng kh\u00e1ng c\u1ef1 tr\u01b0\u1edbc m\u1eaft \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh b\u1edfi \u0111\u01b0\u1eddng EMA 20 ng\u00e0y t\u1ea1i m\u1ee9c $4,409.75, v\u00e0 phe mua s\u1ebd c\u1ea7n m\u1ed9t m\u1ee9c \u0111\u00f3ng c\u1eeda r\u00f5 r\u00e0ng tr\u00ean ng\u01b0\u1ee1ng n\u00e0y \u0111\u1ec3 gi\u1ea3m b\u1edbt \u00e1p l\u1ef1c gi\u1ea3m gi\u00e1 hi\u1ec7n t\u1ea1i. Do kh\u00f4ng c\u00f3 m\u1ee9c h\u1ed7 tr\u1ee3 c\u1ea5u tr\u00fac r\u00f5 r\u00e0ng n\u00e0o \u0111\u01b0\u1ee3c th\u1ec3 hi\u1ec7n trong d\u1eef li\u1ec7u, c\u00e1c nh\u00e0 giao d\u1ecbch c\u00f3 th\u1ec3 tham kh\u1ea3o c\u00e1c m\u1ee9c th\u1ea5p g\u1ea7n \u0111\u00e2y v\u00e0 di\u1ec5n bi\u1ebfn gi\u00e1 trong ng\u00e0y \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh c\u00e1c v\u00f9ng c\u1ea7u t\u1ea1m th\u1eddi, trong khi ch\u1ec9 s\u1ed1 RSI \u1edf m\u1ee9c th\u1ea5p cho th\u1ea5y kh\u00f4ng th\u1ec3 lo\u1ea1i tr\u1eeb kh\u1ea3 n\u0103ng gi\u00e1 ti\u1ebfp t\u1ee5c suy y\u1ebfu mi\u1ec5n l\u00e0 gi\u00e1 v\u1eabn b\u1ecb k\u00ecm h\u00e3m d\u01b0\u1edbi \u0111\u01b0\u1eddng EMA 20 ng\u00e0y.<\/p>","protected":false},"excerpt":{"rendered":"<p>Gold declines further to near $4,287 as US bond yields hit record highs. The Fed is anticipated to hike interest rates in the policy meeting this month. Investors await key US ADP Employment Change data for August. Gold extends its decline on Wednesday, facing enormous pressure due to surging United States (US) Treasury Yields and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.maxainasia.com\/vi\/daily-commentary-458-20260902\/\" class=\"more-link\">\u0110\u1ecdc ti\u1ebfp<span class=\"screen-reader-text\"> &#8220;Hawkish Fed prospects drag XAU\/USD further below $4,300&#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-24207","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\/24207","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=24207"}],"version-history":[{"count":2,"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/posts\/24207\/revisions"}],"predecessor-version":[{"id":24210,"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/posts\/24207\/revisions\/24210"}],"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=24207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/categories?post=24207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.maxainasia.com\/vi\/wp-json\/wp\/v2\/tags?post=24207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}