Prestige's Schenker Sees Gold Heading Higher

The video discusses the factors influencing gold prices, including the weakening dollar, rate hikes, and geopolitical risks. It highlights the correlation between gold and rate hikes, predicting a rise in gold prices. The impact of equity markets and technical indicators like Bollinger bands are also examined.

What is the current trend in gold prices in relation to rate hikes?

• Gold prices are hitting a higher bottom with each rate hike.

• Gold prices are decreasing with each rate hike.

• Gold prices are hitting a lower bottom with each rate hike.

• Gold prices are unaffected by rate hikes.

Which factor is NOT mentioned as driving gold prices?

• The price of oil

• Equity market trends

• Rate hikes from the European Central Bank

• The weakening dollar

How many rate hikes are expected next year?

• Two

• Three

• Five

• Four

What does 'political kurtosis' refer to in the context of gold prices?

• A stable political environment

• The average political risk

• The decrease in political risks

• The likelihood of surprise political events

What technical indicator is mentioned as a bullish sign for gold?

• MACD

• RSI

• Bollinger bands

• Moving averages