Gold prices have leaped after the Federal Reserve has cut interest rates by a double-dose of 50 basis points in a shock move to tackle the evolving risk of coronavirus. XAU/USD is on the rise as lower US yields make the precious metal more attractive. Resistance awaits at $1,630, followed by $1,660, and then the peak of $1,689 high which is the seven-year high. more to come FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD Price Analysis: Dollar get slammed as Fed cuts rates in emergency move. FX Street 3 years Gold prices have leaped after the Federal Reserve has cut interest rates by a double-dose of 50 basis points in a shock move to tackle the evolving risk of coronavirus. XAU/USD is on the rise as lower US yields make the precious metal more attractive. Resistance awaits at $1,630, followed by $1,660, and then the peak of $1,689 high which is the seven-year high. more to come Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
