As of today, the joint U.S.–Israel strikes on Iran have entered their third day. International futures markets, as expectations about the direction of the war have shifted, have gone through a clear sequence: sharp volatility, then a period of tight balance with slowing swings, and now a renewed pickup in volatility. A war-driven pullback in global risk appetite, together with a surge in safe-haven demand, is gradually turning into a broader wave of portfolio rebalancing. This round of fighting—where major world powers and a major Middle Eastern state are directly entering the battlefield—seems to have convinced many global analysts that the conflict may be moving beyond a localized event and toward a wider confrontation. Meanwhile, the U.S.–Israel side’s unsparing “decapitation” actions a

Guest Speaker:Mingzhe Gu : A professional trader with 15 years of experience in equities and international futures. He serves as a guest lecturer for several major global exchanges, including the Chicago Mercantile Exchange (CME), and is also the founder of Win-at-the-Start Investment Academy. He is currently the General Manager of Shanghai Qigu Information Technology.As an active Chinese presence on international futures platforms, in 2021 he once again emerged as a leading competitor in a live trading competition’s overseas-markets division, taking multiple awards with ease: 7th place in the Global Heavyweight Group, 1st prize in CME COMEX Copper Options, 1st prize in 10-Year U.S. Treasury Options, and 2nd prize in NYMEX WTI Crude Oil Options.Yesterday, Master Gu reviewed the major globa

Hi everyone! Today we’re breaking down the latest CFTC data—the Commitments of Traders report published weekly by the U.S. Commodity Futures Trading Commission. If you trade futures, this is a must-watch indicator. Why? Because it reveals the balance between bulls and bears, tracks where big money is flowing, and offers key insights into market sentiment and price expectations. $白银主连 2603(SImain)$ $白银2603(SI2603)$ The report splits traders into two main groups: Commercial traders (industry players like miners or manufacturers hedging real exposure) Non-commercial traders (speculators—hedge funds, institutional players betting on price moves) We’ll walk through it together so yo

Last Friday (January 31), gold and silver $白银主连 2603(SImain)$ $迷你白银主连 2603(QImain)$ $白银2603(SI2603)$ suffered a historic crash—leaving countless traders wondering: Is this a golden “buy-the-dip” opportunity, or just the beginning of a deeper sell-off? Especially now that gold has started rebounding over the past couple of days, FOMO is kicking in hard. $黄金主连 2604(GCmain)$ $微黄金主连 2604(MGCmain)$ $1盎司黄金主连 2604(1OZmain)$ $富兰克林黄金及贵金属基金A (acc)USD(LU0496367417.USD)$ But i

Good evening, everyone.$Gold - main 2604(GCmain)$ $E-Micro Gold - main 2604(MGCmain)$ $1-Ounce Gold - main 2604(1OZmain)$ I’ve compiled the key points from the February 5 session into a ready-to-read transcript, so those who missed the live broadcast can easily catch up and review. $Silver - main 2603(SImain)$ $E-mini Silver - main 2603(QImain)$ $Silver - Mar 2026(SI2603)$ $Gold - main 2604(GCmain)$ $E-Micro Gold - main 2

If there’s one clear focus in the futures market recently, it’s undoubtedly silver.But today, let’s take a step back from silver and zoom out for a broader perspective: Does the recent surge in gold and silver signal the start of a bull market in base metals? There’s a well-known commodity cycle that combines the Merrill Lynch Investment Clock with Jeremy Grantham’s concept of the “commodity supercycle launch sequence.” It goes like this: The early warning sign that an economic downturn is ending is a rise in gold and silver prices. $白银主连 2603(SImain)$ Why? Because during late-stage slowdowns, real demand is weak and industrial commodities languish—so capital flows into safe-haven assets like precious metals. At the same time, central banks w