I’m watching oil more closely than gold. The muted move in $WTI Crude Oil - main 2605(CLmain)$ feels artificial given the situation. If the strategic reserve buffer runs out soon, we could see a delayed spike, and that’s where real market stress begins.
Positioning-wise, I’m not rushing into gold yet—I want to see yields peak first. I’m more focused on energy and broader risk like $S&P 500(SPY)$, and will look at gold again once it reclaims its safe-haven role.
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