XAUUSD has finally broken the $1,700 resistance reaching the highest level since 2012. The strong rally has continued since last week, while central banks are increasingly fighting the possibility of recession triggered by the global pandemic with stimulus packages and increasing money supply. 

Trading XAUUSD 24/7

Whether bullish or bearish about gold, you can make substantial profit margin trading XAUUSD. With SimpleFX, you can open short or long positions on gold with fiat money or cryptocurrency accounts, and up to 250 leverage. 

Sell & Buy Gold in US Dollars On SimpleFX

The global interest rates are already at the lowest levels possible, and the system is testing the trust in fiat money. Both gold and cryptocurrencies started the pandemic period with intense depth. Now the prices are recovering, and gold may benefit from the haven status.

So far, the British pound has recently emerged as a surprise winner as GBPUSD gained over 10% since mid-March.

Hedging against the monetary collapse scenario

So far, almost 300 different stimulus packages have been released worldwide over the last eight months, which is an unprecedented event. US President Donald Trump announced a $2 trillion stimulus package last week.

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With SimpleFX, you can buy or sell (short) virtually anything. US, European, Brazilian, Turkish or Japanese stocks, commodities, gold, silver, forex pairs, and cryptocurrencies. 

The Best Trading App With No Minimum Deposits

Their killer feature is SimpleFX WebTrader – the leading mobile trading app. With a smooth, responsive interface, it works on any device. Traders can analyze the charts, prepare their strategy on a laptop or desktop, and then make the right order at the right time anywhere with a smartphone.

SimpleFX has no minimum deposits. That’s a critical feature for a trading app, as it allows you to make an unlimited profit with capped risk. Sky-high optional leverage allows traders to open a position worth $50,000 with just a $100 deposit.

SimpleFX users can use 24 different fiat currency accounts (including the Turkish lira or Indian rupee), and seven cryptocurrencies, which makes it so easy to use for customers from all over the world.

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Partner with the right company, share your referral links and build your affiliate network now. Don’t miss out on the opportunity, and don’t let other affiliates take over potential SimpleFX users in your country or region. 

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