Gold

gold price still in doldrums. JPmorgan increased short position in Zijin Mining (HKEX: 02899) from 5.98% to 6.58% on June 24, 2026. well, gold is still needed in a long term all-weather portfolio.

$ZIJIN MINING(02899.HK) Today's strategy: 02899 Zijin Mining Group Buy price: Around HKD 35 Take-profit price: HKD 38

Today, the chip sector and consumer spending couldn't get a boost. GigaDevice was down 7%, Mixue Group also saw a major crash, and Zijin Mining was also sluggish. It feels like the market is a reflection of involution and liquidity drain. Nationz Technology did rise a little bit, but it can't save the overall mood.

Lately, it's been like riding a roller coaster every day. Having a lighter position can still dodge some bullets. Brothers holding heavy positions, keep your mindset steady. Let's all be a bit more zen together 😸

It's good to finally see some food news for alibaba, it has been in the down trend for months. The company is also laying off roughly 30% of its workforce. Hopefully the trend will reverse!

The optical Comms and memory sector appears to be the market darling now after Anthropic sparked the Saaspocalypse which swept through multiple sectors, it seems that the above 2 belong to the physical layer and would not be susceptible to another narrative of AI killing [you name it].

Wonder how many analysts will now revise away their 6000/oz projection fir gold for year end? The risks of global recession are growing bigger with each day Iran bombs its neighborhood oil facilities. The drag is making poor every one, not to mention the ecological damage. Silver and other metals are suffering. Only the factories are rejoicing.

Filter out the noise and look at what matters most in the market - Price. That is the most important and accurate market indicator out there!

I B kiss the $6000 gold goodbye...

Summary of the whole article: Pls exercise caution. Unlike you can profit through continuously monitoring the wild swings, basically everything is at heightened risk. At the top of everyone's heads: How much more ICM and hypersonic missiles are Iran still keeping before they finally unleash, all at once, a death blow to every US aircraft carrier and defeat the US?

Zijin Mining's drop over the past two days has been a bit absurd. Gold prices just plunged without warning. The A-share market can still hold up, but the Hong Kong market got hammered directly. Although investment banks are still talking it up, after this wave of volatility, I'm feeling a bit mentally drained. Even if the holdings in hand are based on conviction, they can't withstand the market being so turbulent. Hesai Technology just got included in the MSCI index and opened high, but then followed with an adjustment… Even positive news gets digested into volatility. The new energy and autonomous driving concepts are changing day by day now, and actual trading is getting more and more confusing. Kind of want to put the phone down and pretend nothing's happening to the account...

"Spot silver (XAG=) rose 2.1% to $76.76 per ounce, after a 11% drop on Wednesday. * The U.S. dollar was mostly flat"

Last night's shocking plunge hss inflicted so much reversal after the hard-earned partial recovery after that nasty Jan plunge.

Silver strike price of 125. It is now 75.

All the best, everyone. However your portfolio is.

Another super cycle is here!

Becareful of meme stocks, whenever I see it I tremble on fear.

I think previous metal has more upside!

$Gold(20082.HK)fastre