Morning Trend | ZIJIN GOLD INTL (2259.HK) Strong Volume Surge, High-Level Capital Game Intensifies Attention

On December 15th, during intraday trading, ZIJIN GOLD INTL (2259.HK) showed significant signs of capital involvement, with the gold theme once again becoming popular in the Hong Kong stock market. Overnight international gold prices stabilized slightly, boosting market risk appetite and attracting a large influx of funds into the gold sector, with ZIJIN GOLD INTL performing particularly well. Throughout the day, there were continuous large buy orders, repeatedly pushing up trading volume, and the stock price approached historical highs. The market is highly focused on whether ZIJIN GOLD INTL can break through the previous "ceiling" and become a barometer for the sector. From a fundamental perspective, recent fluctuations in the international political situation and a decline in the US dollar index have stimulated safe-haven funds to flow back into gold assets. This week, several well-known institutions have a positive outlook on gold, and the willingness to allocate to safe-haven assets has rapidly increased, benefiting ZIJIN GOLD INTL significantly. At the same time, the gold sector has recently lacked negative factors, and the market's reinforcement of gold's defensive value has returned. Against the backdrop of increased capital game attributes, ZIJIN GOLD INTL has become a target for capital pursuit. On the technical side, the intraday long-short divergence has intensified, with the daily MACD clearly turning bullish, highlighting a short-term trend. The RSI indicator is approaching high levels, indicating a high level of short-term speculative activity. The stock price is nearing the upper Bollinger Band, further amplifying the daily volatility range. As the sector's popularity concentrates, attention should be paid to whether funds can continue to flow into high areas, and whether there are large orders actively supporting the price, which will be the core to judge the subsequent market trend. If the trading volume continues to follow, the probability of a short-term breakthrough to refresh new highs increases; if capital divergence intensifies, the risks of a seesaw-style fluctuation and a rapid retreat from high levels should also be heeded