The price of gold is currently $1500/oz. You believe if it moves down by $20...

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Accounting

The price of gold is currently $1500/oz. You believe if it moves down by $20 that the contract will be underpriced. What order will you give your broker now to trade of this belief?

buy $1490 limit

None of these answers would accomplish that

buy at the market

buy $1520 stop

buy $1520 limit

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