Group 1 - The black commodity futures experienced a short-term rally on September 12, with coking coal main contract rising over 1% [1] - The main contracts for rebar and coking coal increased nearly 1%, while hot-rolled steel and iron ore main contracts reversed from decline to increase [1]

Core Viewpoint - The market is experiencing significant volatility in gold and silver prices, with recent movements indicating a potential for both upward and downward trends in the near future [2][4]. Group 1: Gold Market Analysis - Gold prices have shown a dramatic fluctuation, rising from 3375 to a peak of 3439 before dropping to a low of 3268, followed by a rebound of over 80 points on the non-farm payroll day [2]. - The current trading strategy suggests a focus on resistance levels around 3375 and 3400-05, with a potential for further upward movement towards historical highs of 3500 [4]. - The market is characterized by a "big sweep" dynamic, indicating a tug-of-war between bulls and bears, with expectations of a high followed by a pullback [4]. Group 2: Silver Market Analysis - The silver market is anticipated to experience short-term rebounds, but the medium-term outlook remains bearish, with key resistance levels identified at 37.3, 37.7, and 38.2 [4]. - The strategy for silver involves high short positions, particularly if the market breaks below previous lows [6]. Group 3: Trading Strategies - The company recommends maintaining short positions in both gold and silver, with specific price levels for entry and exit identified for optimal trading opportunities [6]. - The focus remains on monitoring key support and resistance levels to inform trading decisions, particularly in the context of recent market movements [4][6].

Group 1 - The main futures contracts in the black commodities sector experienced a slight overall increase, with iron ore and hot-rolled coil shifting from decline to growth [1] - Coking coal saw an increase of 2.09%, while coking coke's increase expanded to 1.24% [1]

黑色系期货集体走低，机构预测中国2025年粗钢产量同比下降3700万吨，铁矿石需求底在何处？ 相关链接 期货热点追踪 ...

黑色系期货跌幅扩大，钢厂淡季停炉检修增加，铁矿石需求见顶是否已成定局？ 相关链接 期货热点追踪 ...

Group 1 - The black commodity futures experienced a sharp rise, with iron ore main contract increasing by over 1% [1] - The rebar main contract rose by more than 0.5% [1] - The hot-rolled coil main contract reversed from a decline to an increase [1] Group 2 - The main contract for coking coal saw its decline narrow to 1.80% [1] - The main contract for coking coal also had its decline narrow to 0.52% [1]