I noticed an interesting point that many in the market might be missing. Some time ago, I saw an analysis from a major financial institution like Saxo where they mentioned that the AI-driven market rally has not yet fully concluded. A senior analyst from their global equity team, looking at momentum indicators, said that the market has not yet reached overbought conditions, meaning there is still room for it to go higher.

Especially if earnings season shows strong fundamentals, this AI-driven boom will continue, particularly in the AI infrastructure sector. Market expectations for tech companies' first-quarter EPS growth are around 44%, which signals a very strong outlook.

Beyond that, Saxo's team has forecasted gold prices reaching $5,400 per ounce by the end of the year. This projection is based on the diversification demand from global central banks, normalization of speculative positions, and the Fed's rate-cut cycle. Additionally, there are prospects for improved free cash flow and increased dividend payouts from gold mining companies, making this sector even more attractive.