Gold to Move Lower Short Term But Higher Long Term, ForexAnalytix's Perry Says

Gold to Move Lower Short Term But Higher Long Term, ForexAnalytix's Perry Says

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Interactive Video

Business

University

Hard

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The video tutorial explores the impact of falling yields on various asset classes, including gold futures. It discusses the performance of the 10-year yield and the dollar, suggesting potential global growth fears. Joe Perry from Forex Analytics provides insights into the dollar's bullish pattern and its implications for gold. The video also includes a technical analysis of gold futures, highlighting short-term bearish and long-term bullish trends. Finally, it outlines the benefits of trading gold futures, such as liquidity and control, compared to holding physical gold.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the reasons mentioned for trading gold futures over other vehicles?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected short-term and long-term outlook for gold according to Joe Perry?

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