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I just saw that U.S. stock futures are declining in the pre-market session. At the same time, oil and gold are pulling back from their recent peaks. An interesting moment to see how these markets relate.
The gold market is consolidating after that strong run. Gold ETFs are naturally following this movement — if you have positions there, this might be a good time to check your balance. The decline in oil prices adds some pressure to the overall risk sentiment.
It remains a volatile week. Who’s paying attention to these correlations?