IG's Pan Says $1,480 Is Next Level to Look at for Gold

The video discusses the recent performance of gold, highlighting its potential for further upside. It explores market expectations amid trade tensions and the impact of Federal Reserve policies on the U.S. dollar and gold prices. The speaker notes market caution and the possibility of price retracements, while predicting future gold price levels in light of ongoing trade tensions and a weakening dollar.

What has been a significant factor in the recent rise of gold prices?

• Rise in cryptocurrency values

• Decrease in stock market

• Trade war concerns

• Increase in oil prices

How might the Federal Reserve's actions affect the U.S. dollar?

• Cause the dollar to fluctuate wildly

• Strengthen the dollar

• Have no effect

• Weaken the dollar

What is a potential consequence of a weakening U.S. dollar on gold prices?

• Gold prices may decrease

• Gold prices may increase

• Gold prices may become unpredictable

• Gold prices may remain stable

What is the market's likely reaction to a dip in gold prices?

• Ignore the dip

• Invest in other commodities

• Buy more gold

• Sell off gold

What is the next significant price level to watch for gold?

• 1400

• 1500

• 1480

• 1450