Zhongjin Wealth Futures: US stocks continue to hit new highs, but gold follows with weakness.

The US stock market continues to hit new highs, but gold is struggling to follow, the key lies in the fact that US stocks can tell an AI narrative, ignoring inflation and economic downturn, while gold continues to be impacted by high oil prices on inflation. However, it is important to note that if US stocks continue to be strong, the safety margin for shorting gold is relatively low, gold is in a typical phase of limited participation value, and it is advisable to watch and wait.