CICC Wealth Futures: US stocks' unilateral upward trend shows signs of weakening; gold's decline is in line with expectations

格隆汇2026/05/18 01:00

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Glonhui May 18｜According to CICC Wealth Futures, gold has fallen below the key 4600 level, which aligns with our expectations. We have consistently emphasized that the recent gold market is mainly influenced by oil prices (inflation) and the U.S. stock market. Previously, the strong performance of U.S. stocks provided certain support for gold prices, but now the unilateral bullish trend in the U.S. stock market is showing signs of weakening. Combined with the ongoing pressure from high oil prices on gold, the decline in gold is in line with expectations.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Goldman Sachs' market value evaporated by several billions, with its share price down more than 22% from the year's high. Despite Q3 revenue exceeding expectations, a 41% drop in M&A activity and a slowdown in IPOs have dampened market sentiment. Analysts project a 12% revenue increase in Q4, but technical indicators suggest there is further downside risk to $783. Rumors about management transitions have also drawn attention.

智通财经•2026/10/12 03:52