CICC Wealth Futures: Gold and U.S. stocks show some divergence in their trends

```htmlGlonhui March 30｜According to CICC Wealth Futures, a certain divergence has emerged between gold and US stocks. We believe this is mainly due to gold being oversold, rather than any independent logic for gold. In our view, when the global capital markets experience capital outflows or liquidity issues, gold—as a highly liquid and easily convertible asset—still faces a high probability of being sold off. Please be aware of the continued risk of a further decline in gold prices.```