Gold May Rally Above $1,560, Hedge Fund Telemetry's Thornton Says

Gold May Rally Above $1,560, Hedge Fund Telemetry's Thornton Says

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Business

University

Hard

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The video discusses current market trends, focusing on stocks, commodities, and the Bloomberg Commodity Index. It highlights a sell-off in commodities, particularly crude oil, and examines the dollar index's impact on commodities. The analysis suggests a potential bearish trend for commodities if the dollar index rises. The video also explores gold futures, options trading, and market predictions, emphasizing the MACD indicator and call spreads as strategies for trading gold.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What bullish indicators for gold were mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What options trade strategy was suggested for gold futures?

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