Morning Trend | TONGGUAN GOLD surges with increased volume, can the main line of precious metal safe-haven rise continue?

Technical Forecast
2025.12.03 01:00
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TONGGUAN GOLD (340.HK) experienced slight fluctuations at the beginning of yesterday's trading session, followed by a sudden influx of large orders in the afternoon, driving the stock price rapidly through the consolidation zone, resulting in a short-term breakout. International gold prices reached new highs for the year, with geopolitical tensions and global inflation concerns boosting the popularity of gold and precious metals. The company's production in the new quarter is steadily increasing, and the enthusiasm for the gold sector remains high, with intraday trading volume continuing to expand and large orders quickly entering the market