US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(JUN5) (ESmain.US)$(4 Hour Chart) -[NEUTRAL]We stay neutral with a slight bearish bias as price is currently hovering between 6000 resistance and 5870 support level. A 4 hour candlestick closing below 5870 support level would open drop towards 5820 support level. Technical indicators advocate for a bearish scenario as well. Alternatively: A 4 hour candlestick closing above 6000 resist...
$Hang Seng Index (800000.HK)$lifted 82 points or 0.4% to close at 19,636.$Hang Seng China Enterprises Index (800100.HK)$inclined 30 points or 0.4% to close at 6,964.$Hang Seng TECH Index (800700.HK)$rose 22 points or 0.6% to close at 4,135. The total turnover for the whole day was $156.477 billion. The Government Cabinet of Iran confirmed the death of President Ebrahim Raisi in a helicopter accident. Markets were concerned about the effect of geopolitical tens...
Gold has been on an unstoppable upward trend this year, with$Gold Futures(JUN5) (GCmain.US)$breaking through historical barriers of $2200 and $2300. On April 12th, the gold price surged again, with$Gold Futures(JUN5) (GCmain.US)$reaching the milestone of $2400 per ounce, peaking at $2416.5. Despite the remarkable upswing in gold prices, it appears that some gold mining companies have yet to keep up with the pace completely. Specif...
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it's a guessing game . is the sudden big spike due to middle East geopolitics involving Iran or real big purchase due moving away from USD
Zijin Mining Group Stock Forum
$E-mini S&P 500 Futures(JUN5) (ESmain.US)$ (4 Hour Chart) -[NEUTRAL]We stay neutral with a slight bearish bias as price is currently hovering between 6000 resistance and 5870 support level. A 4 hour candlestick closing below 5870 support level would open drop towards 5820 support level. Technical indicators advocate for a bearish scenario as well.
Alternatively: A 4 hour candlestick closing above 6000 resist...
Policymakers plan to increase gold inventory facilities and accelerate the development of related businesses, such as trading, insurance and logistics, according to Chan. The city’s government will also expand gold-related derivatives trading to satisfy mortgage and hedging needs.
$CHOW TAI FOOK JEWE (CJEWY.US)$ $CHOW TAI FOOK (01929.HK)$ $CHOW SANG SANG (00116.HK)$ $ZIJIN MINING (02899.HK)$ $MMG (01208.HK)$ $CHINAHONGQIAO (01378.HK)$ $CHINA TOWER (00788.HK)$ $Golden Minerals (AUMN.US)$ $DB GOLD DOUBLE LONG EXCH TRADED NOTES (DGP.US)$
Securities: $CITIC (600030.SH)$ $East Money Information (300059.SZ)$
Insurance: $China Life Insurance (601628.SH)$ $Ping An Insurance (601318.SH)$
Auto Parts: $Fuyao Glass Industry Group (600660.SH)$ $Weichai Power (000338.SZ)$ $Ningbo Tuopu Group (601689.SH)$
Cars: $BYD Company Limited (002594.SZ)$
Software: $Beijing Kingsoft Office Software, Inc (688111.SH)$ $Hithink RoyalFlush Information Network (300033.SZ)$ $Iflytek Co.,ltd. (002230.SZ)$
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Tensions in the Middle East triggered gold and oil prices to rise, $PETROCHINA (00857.HK)$ and $CNOOC (00883.HK)$ opened elevating 1.2% and 2.1%, while $ZIJIN MINING (02899.HK)$ opened inclining 1.7%.
As for tech stocks, $TENCENT (00700.HK)$ o...
Electric car stocks $LI AUTO-W (02015.HK)$ , $NIO-SW (09866.HK)$ and $XPENG-W (09868.HK)$ opened lifting 2.5% to 3.6%, while $BYD COMPANY (01211.HK)$ opened di...
Berkshire Hathaway offloaded more than 1.34 million H shares of $BYD COMPANY (01211.HK)$ , with the stake down to 6.9%. BYD opens 0.2% lower at $233 this morning. $ZIJIN MINING (02899.HK)$ proposed to raise $3.87 billion in net proceeds from a share placement at a discount of abo...
The Government Cabinet of Iran confirmed the death of President Ebrahim Raisi in a helicopter accident. Markets were concerned about the effect of geopolitical tens...
Despite the remarkable upswing in gold prices, it appears that some gold mining companies have yet to keep up with the pace completely. Specif...
Financial stocks, $HSBC HOLDINGS (00005.HK)$ opened 1.6% lower at $63.8, while $HKEX (00388.HK)$ and $AIA (01299.HK)$ opened 1.2% and 1.9% lower. Gold pri...
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