Defying a stronger U.S. dollar, gold surged above $4,100—has a reversal signal emerged?

HSBC believes the market has already priced in tightening expectations, and gold prices may gradually rise; however, a surge in oil prices driven by geopolitical tensions represents the biggest downside risk. JPMorgan, on the other hand, noted that the resistance zone between USD 4,197 and USD 4,264 remains intact, and the medium-term bearish outlook is unchanged—the recent rally appears more like a technical correction than a trend reversal. The medium-term resistance lies near USD 4,500. Should gold prices resume a sharp downward move, the next key support level could be around the USD 3,600 area.

wallstreetcnJul 22 16:38

GTJA Hong Kong Stock Investment Diary | July 23

Hong Kong Stock Investment Journal | July 23, 2026

Zhitong Finance00:00

BlackRock, Inc. reduced its stake in Zijin Mining (02899) by 3.232 million shares at an average price of approximately HK$30.61 per share.

Following the reduction, the latest shareholding stands at approximately 479 million shares, representing a holding ratio of 7.99%.

Zhitong FinanceJul 22 19:40

Express News | Trump Warns Iran: For Every Ship Attacked in the Strait, the U.S. Will Destroy a Bridge or Power Plant

BreakingsJul 22 20:58

Zijin Mining (02899) will pay an interim dividend of RMB 4.20 per 10 shares on August 21.

Zijin Mining (02899) announced that it will pay an interim dividend of RMB 4.20 per 10 shares for the six months ended June 30, 2026, on August 21, 2026.

Zhitong FinanceJul 22 18:12

ZIJIN MINING: Announcement-(1) Matters in relation to Declaration of 2026 Interim Dividend by the Board of Directors;(2) Withholding and Payment of Personal Income Tax and Enterprise Income Tax of Non-resident Enterprise Shareholders in res...

HKEXJul 22 18:08 · Announcements