Buy Gold When It Falls to $1170: Horwitz

Buy Gold When It Falls to $1170: Horwitz

Assessment

Interactive Video

Business

University

Hard

Created by

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The video discusses the impact of the US GDP growth on gold prices, highlighting that a stronger economy and US dollar are not favorable for gold as a safe haven or inflation hedge. It also covers China's potential economic stimulus and its implications for gold demand. Trading strategies are suggested, focusing on selling gold at current prices and buying at lower levels. The concept of 'front month' in futures trading is explained, and the video concludes with an analysis of market reactions and trading volume.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What trading strategy does Todd suggest for gold at the current price?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the term 'front month' refer to in the context of futures trading?

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