--- title: "Pre-market trend | CHINAGOLDINTL (2099.HK) on 5/13, capital inflow, is the main upward wave coming under the resonance of copper and gold?" type: "News" locale: "en" url: "https://longbridge.com/en/news/286224234.md" description: "Yesterday's closing saw a significant increase in trading activity for CHINAGOLDINTL, with a total transaction amount of HKD 287 million, markedly higher than the previous average daily level. The stock price has been continuously rising along the short-term moving averages, with the 5-day and 10-day moving averages showing an upward divergence, solidifying the bullish arrangement. The MACD daily signal confirms that bullish momentum is gathering, with significant signs of buying interest returning, and the initial momentum for confirming the short-term trend is strengthening, with the pace of capital entering the market accelerating. The news front provides strong support for the stock. According to the latest market information, the copper price on the London Metal Exchange has continued its eight-day rise, reaching USD 14,196.50 per ton, approaching the historical high from January; gold has slightly retreated by 0.3% but remains at a high of about USD 4,700 per ounce, while Brent crude oil stays above USD 106 per barrel. The overall strength in commodities provides solid profit expectation support for mining stocks. As CHINAGOLDINTL possesses both gold and copper mining resources, it has the potential for valuation recovery driven by the dual momentum of gold and copper, and market attention to its earnings elasticity continues to rise. From a technical perspective, the current stock price has stabilized above the short-term moving averages, with good recent volume support. If copper and gold prices maintain high levels today, it is expected that the capital chase for resource sectors will continue. It is important to note that when commodity price fluctuations increase, the intraday volatility of related stocks will also correspondingly expand. Meanwhile, ZIJIN MINING (2899.HK) rose by 0.99% today, and Luoyang Molybdenum (3993.HK) increased by 1.89%, showing a clear sector linkage effect" datetime: "2026-05-14T01:00:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286224234.md) - [en](https://longbridge.com/en/news/286224234.md) - [zh-HK](https://longbridge.com/zh-HK/news/286224234.md) --- # Pre-market trend | CHINAGOLDINTL (2099.HK) on 5/13, capital inflow, is the main upward wave coming under the resonance of copper and gold? Yesterday's closing saw a significant increase in trading activity for China Gold International, with a total transaction amount of HKD 287 million, markedly higher than the previous daily average. The stock price has continued to rise along the short-term moving averages, with the 5-day and 10-day moving averages showing an upward divergence, solidifying a bullish arrangement. The MACD daily signal confirms that bullish momentum is gathering, with significant signs of buying pressure returning, and the initial momentum for confirming the short-term trend is strengthening, with an accelerated pace of capital entering the market. The news front provides strong support for the stock. According to the latest market information, copper prices on the London Metal Exchange have extended their gains for eight consecutive days, reaching USD 14,196.50 per ton, approaching the historical high from January; gold has slightly retreated by 0.3% but remains at a high of about USD 4,700 per ounce, while Brent crude oil stays above USD 106 per barrel. The overall strength in commodity prices provides solid profit expectation support for mining stocks. As a target with both gold and copper resources, China Gold International has the potential for valuation recovery driven by the dual momentum of gold and copper, and market attention to its earnings elasticity continues to rise. From a technical perspective, the current stock price has stabilized above the short-term moving averages, with good recent volume support. If copper and gold prices maintain high levels today, it is expected that capital chasing the resource sector will continue. It is important to note that when commodity price fluctuations increase, the intraday volatility of related stocks will also expand accordingly. Meanwhile, Zijin Mining (2899.HK) rose by 0.99% today, and Luoyang Molybdenum (3993.HK) increased by 1.89%, showing a clear sector linkage effect. The short-term trend is biased towards bullishness, with a commodity bull market combined with strengthening technicals forming a dual driving force. However, caution is needed regarding the impact of a sudden drop in commodity prices on resource stocks, as well as the profit-taking pressure that may arise from easing geopolitical tensions. _This article provides only technical analysis and market information for reference and does not constitute any investment advice. 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