GOLD/USD | Gold to US Dollar Trading Analysis
GOLD/USD | Gold to US Dollar Trading Analysis
Written by: PaxForex analytics dept - Tuesday, 17 March 2020 0 comments
The Federal Reserve cut interest rates to almost zero, resumed bond purchases and other measures from its anti-crisis arsenal, engaging the world's leading central banks in support of the global economy's coronavirus. In general, investors are mainly looking for money. They are cashing any assets they have, even gold.
GOLD/USD, 30 min
Pivot: 1482.00