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Gold Hits Record High – Use the Run to Get Additional Profit

Avatar Guest Author 1 month ago

XAUUSD has finally broken the $1,700 resistance reaching the highest level since 2012. The strong rally continues 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.

Whether you are 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.

The interest rates across the globe 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 emerged as a surprise winner recently as GBPUSD gained over 10% since mid-March.

Hedging against the monetary collapse scenario

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

SimpleFX is a unique trading platform that has been growing organically over the previous six years. They have over 240,000 active users globally in over 100 countries.

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SimpleFX Affiliate program offers you:

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  3. Multi-Level system (you also earn a commission from your affiliates’ sales)
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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 as well as for cryptocurrencies.

The best trading app

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 and 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 Turkish lira or Indian rupee), and seven cryptocurrencies, which makes it so easy to use for customers from all over the world.

Affiliate marketing is the easiest way to make money online. The key is choosing the right partner. SimpleFX is a trading app that already offers one of the best programs. Start sharing their referral today, and enjoy a 30% lifetime revenue share!

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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Image by istara from Pixabay
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