5.1 Gold Peaks, Risk Assets Will Welcome Major Opportunities
1. After experiencing a month and a half of accelerated rise, gold shows signs of peaking, with the price and moving average divergence similar to that at the top in August 2020, potentially indicating a weekly level peak signal.
2. The peak of gold is a huge positive for the high-risk cryptocurrency market; when gold peaked in August 2020, the cryptocurrency market and U.S. stocks saw a brief pullback before entering a major bull market surge.
3. Bullish on the cryptocurrency market and U.S. stocks in the second half of the year, looking for a buying opportunity during a necessary pullback before a surge, which is expected to occur within a month.