CITIC Futures: Precious metals maintain their bullish position, focus on gold.

According to the research report of CITIC Futures, due to the failure of the US-Iran negotiations in Islamabad to reach an agreement, uncertainty remains high and market sentiment is fragile. CITIC Futures recommends controlling portfolio positions during this period, maintaining a balanced allocation, participating in moderate repairs on dips, while also maintaining cash flexibility to wait for further clarification of geopolitical situations. Focus on IH and IC; maintain a bullish stance on short-term government bonds, focus on TS and TF; maintain a bullish stance on precious metals, focus on gold. Pay attention to arbitrage opportunities in the energy and chemical sectors with a focus on near-term strength and long-term weakness.