GOLD/USD | Gold to US Dollar Trading Analysis

GOLD/USD | Gold to US Dollar Trading Analysis

Written by: PaxForex analytics dept - Friday, 27 March 2020 0 comments

Gold prices were boosted by the news of the shutdown of Valcambi, Argor Heraeus and PAMP refineries in Switzerland, which account for about a third of the world's gold supply. Valcambi and PAMP said that due to the coronavirus COVID-19 will stop working from March 23 to March 29, while Argor will stop until April 5.

GOLD/USD, 30 min

Pivot: 1615.00