Weak Dollar Giving Tailwinds to Gold, Says Chris Gersch

Weak Dollar Giving Tailwinds to Gold, Says Chris Gersch

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current trends in the oil and gold markets. It highlights the resistance and support levels in the oil market, predicting a potential rise to the 60 handle in WTI if certain conditions are met. The gold market is analyzed in terms of its recent decline and the potential impact of a Powell-led Federal Reserve. The video also predicts possible price movements in gold, considering factors like dollar weakening and market volatility.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker believe could happen if the market breaks through certain resistance levels?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected timeframe for reaching the 1300 level in gold?

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