New reality with new all time high in gold

Gold historically had a negative correlation to stocks and other financial instrument.

With our reality change we can c gold leading the stock markets?
can we point out the reasons?
1. Most ppl hedge their portfolio with gold for Diversification
2. Weakness of the u.s Dollar
3. Financial uncertainty
4. World tension
5. Increasing Demand
6. Geopolitical uncertainty

what did i miss?