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Core Viewpoints of the Report - Through macro - fundamental analysis and technical analysis such as the golden section line, horizontal line, and moving average, the report predicts the trend, resistance, and support levels of various futures contracts in 2025 - 2026 and on January 6, 2026 [3][4] - The geopolitical situation, especially the situation in Venezuela and the Fed's monetary policy stance, impact the financial and commodity markets [12] Summary by Relevant Catalogs Futures Market Forecast 2025 - 12 Futures Main (Continuous) Contracts Forecast - Index futures (IF, IH, IC, IM) are expected to be in a strong - biased oscillation, with adjusted resistance and support levels upward [3] - Gold futures are expected to be in a strong - biased oscillation, with the support level adjusted upward [3] January 2026 Futures Main (Continuous) Contracts Forecast - Index futures (IF, IH, IC, IM) are expected to be in a strong - biased oscillation [17] - Gold futures are expected to be in a strong - biased oscillation, with resistance at 1024.0 and 1050.0 yuan/g and support at 958.8 and 943.4 yuan/g [35] - Silver futures are expected to have a strong - biased wide - range oscillation, with resistance at 20000 and 21000 yuan/kg and support at 16000 and 14970 yuan/kg [39] - Platinum futures are expected to have a strong - biased wide - range oscillation, with resistance at 671.5 and 729.5 yuan/g and support at 484.0 and 426.0 yuan/g [45] - Palladium futures are expected to have a strong - biased wide - range oscillation, with resistance at 497.4 and 538.0 yuan/g and support at 366.3 and 330.0 yuan/g [50] - Copper futures are expected to have a strong - biased wide - range oscillation, with resistance at 105000 and 108000 yuan/ton and support at 96500 and 93000 yuan/ton, and will hit a record high [55] - Aluminum futures are expected to be in a strong - biased oscillation, with resistance at 24260 and 24770 yuan/ton and support at 22500 and 21920 yuan/ton [60] - Lithium carbonate futures are expected to be in a strong - biased oscillation, with resistance at 140000 and 149500 yuan/ton and support at 109300 and 105400 yuan/ton [65] January 6, 2026 Futures Contracts Forecast - Index futures: IF2603, IH2603, IC2603, IM2603 are expected to be in a strong - biased oscillation, and specific resistance and support levels are provided [18] - Gold futures (AU2602) are expected to be in a strong - biased oscillation, with resistance at 1007.0 and 1012.5 yuan/g and support at 991.0 and 986.9 yuan/g [35] - Silver futures (AG2604) are expected to be in a strong - biased oscillation, with resistance at 19100 and 19500 yuan/kg and support at 18050 and 17900 yuan/kg [39] - Platinum futures (PT2606) are expected to be in a strong - biased oscillation, with resistance at 600.0 and 613.6 yuan/g and support at 584.0 and 570.0 yuan/g [45] - Palladium futures (PD2606) are expected to be in a strong - biased oscillation, with resistance at 463.7 and 472.4 yuan/g and support at 452.8 and 440.0 yuan/g [50] - Copper futures (CU2602) are expected to be in a strong - biased oscillation, with resistance at 103000 and 105000 yuan/ton and support at 100500 and 100200 yuan/ton, and will hit a record high [55] - Aluminum futures (AL2602) are expected to be in a strong - biased oscillation, with resistance at 24300 and 24500 yuan/ton and support at 23500 and 23300 yuan/ton [60] - Lithium carbonate futures (LC2605) are expected to be in a strong - biased oscillation, with resistance at 132000 and 134500 yuan/ton and support at 130000 and 127900 yuan/ton [65] - PTA futures (TA605) are expected to be in a strong - biased oscillation, with resistance at 5160 and 5200 yuan/ton and support at 5066 and 5046 yuan/ton [70] - PVC futures (V2605) are expected to be in a strong - biased oscillation, with resistance at 4937 and 4983 yuan/ton and support at 4785 and 4764 yuan/ton [73] - Methanol futures (MA605) are expected to be in a strong - biased oscillation, with resistance at 2286 and 2293 yuan/ton and support at 2215 and 2204 yuan/ton [74] Macro - news and Trading Tips - China and South Korea signed 15 cooperation agreements in various fields [5] - The Chinese government promotes the development of new technologies and green consumption [5] - The US takes actions against Venezuela, causing geopolitical tensions [6] - The US threatens to raise tariffs on India and shows interest in Greenland [7] - The Fed's policy is affected by economic data, and there are concerns about "fiscal dominance" [7] - The US ISM manufacturing index in December 2025 declined slightly, with weak new orders and employment [8] Commodity Futures - related Information - Domestic commodity futures markets closed mixed, with precious metals and new - energy materials rising, and basic metals all up [11] - The China Commodity Price Index in December 2025 rose for eight consecutive months [11] - Venezuelan oil tankers seem to break the US blockade [11] - International precious metal futures and London basic metal futures generally rose [12] - Oil prices rose as the market considered the impact of the Venezuelan situation on supply [12] - The on - shore RMB against the US dollar rose, and the US dollar index fell [13] Stock Market Information - On January 5, 2026, the A - share market had a good start, with the Shanghai Composite Index back above 4000 points and a large trading volume [15] - Goldman Sachs recommends overweighting A - shares and H - shares, expecting a 15% - 20% annual increase in 2026 - 2027 [16] - The Hong Kong stock market had a mixed performance, with net southbound capital inflows [16] - US and European stock markets closed higher [16][17]
股指期货将偏强震荡铜期货价格再创上市以来新高白银、碳酸锂、PVC、甲醇期货将震荡偏强
Guo Tai Jun An Qi Huo·2026-01-06 06:53