結合技術數據，紫金礦業的技術面呈現「強勢但有隱憂」的特點，逐個拆解如下： 2月3日，紫金礦業(02899)走勢強勁，收盤價41.36元，單日漲幅4.55%，成交額達48.47億元，量能配合較為充足，成為當日資源板塊領漲個股之一。與其同 屬資源、礦業類別的三隻個股同步跟漲，但力度有所差異：江西銅業(00358)表現最為接近，單日漲幅4.47%，與紫金走勢高度相關；中國宏橋(01378)、中國 鋁業(02600)則分別上漲1.26%、1.55%，屬於跟隨性上漲，動能相對偏弱。 上日（3日）我哋嘅【中銀做客】欄目中，中銀國際的董事朱紅Niki都有點評黃金價格話題：最近黃金價格的升勢確實有所突破，短短一個月，國際黃金價 格上漲了接近30%，這個幅度讓市場也有些驚訝。任何產品的價格都不可能只漲不跌，所以大家看到這樣急促的漲幅，後市的風險其實越來越大。短線來 看，因為漲幅太急，想做短線操作風險會非常高，超短線炒作未必是好時機，畢竟黃金已處歷史高位，波動劇烈，稍有風吹草動就可能高位回落，比如這兩 天白銀價格就跌了差不多40%，大家要小心短線的大幅波動。 股價目前高於MA30（38.97元）、MA60（35.70元），長期趨 ...

Core Viewpoint - Zijin Mining (02899) is experiencing strong market momentum, with its stock price recently reaching 40.22 HKD, marking a 2.39% increase in a single day, driven by the company's market capitalization exceeding 1 trillion RMB for both A-shares and H-shares by the end of 2025, indicating market recognition of its growth strategy involving gold, copper, and lithium [1] Technical Analysis - The stock price is currently positioned above all key moving averages, with the 10-day, 30-day, and 60-day moving averages at 37.57 HKD, 34.86 HKD, and 33.36 HKD respectively, forming a bullish pattern [2] - The overall technical rating from Investing.com is "strong buy," with momentum indicators like MACD and CCI signaling positive trends; however, the RSI is at 73, indicating overbought conditions, suggesting potential short-term volatility [2] - Key resistance is identified at 41.5 HKD, with a potential next target of 44.9 HKD if this level is breached; support levels are at 37.3 HKD and a stronger support at 35.2 HKD [3] Market Sentiment and Growth Drivers - Market optimism for Zijin Mining is intertwined with global macroeconomic trends and the company's individual growth potential, particularly as central banks increase gold reserves amid geopolitical tensions, driving long-term gold price increases [5][6] - The company anticipates a significant profit increase of approximately 59% to 62% for the fiscal year 2025, projecting net profits between 51 billion to 52 billion RMB, indicating strong growth momentum [8] Derivative Instruments and Strategies - In a rising stock trend, derivative instruments have shown enhanced capital efficiency, with notable performance from UBS and HSBC bull certificates, which increased by 42% and 39% respectively [9] - Investors are advised to consider derivative products closely tied to key support and resistance levels, with options for bullish certificates near resistance and protective bull certificates below strong support [11][12] - For those anticipating a price correction, high-leverage bear certificates are available, but they carry significant risk due to their proximity to current stock prices [13]