
Gold Slips on Expected Fed QE End
Interactive Video
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Business
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University
•
Practice Problem
•
Hard
Wayground Content
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The video discusses the fundamentals of gold in the market, highlighting risk aversion and the Federal Reserve's potential end to quantitative easing. Bob shares his perspective on shorting gold, citing lower highs and ETF outflows. The discussion also covers physical gold buying trends, particularly in India, and their impact on market stability. Bob outlines his trading strategy, emphasizing smaller positions and long-term views due to gold's volatility.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the significance of the 1203 level mentioned in the discussion?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What trading strategy does Bob suggest regarding gold?
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