What does it cost to join?

Nothing. You only deposit trading capital with the broker — funds that remain yours.

How do you make money?

The broker pays us a share of the spread when you trade. You pay nothing extra.

Yes. CFD and FX trading involves risk. Past performance does not guarantee future results.

What is the minimum deposit?

Depends on the account type with the broker. Shown during registration.

Can I stop at any time?

Yes. You own your account and can stop copying or withdraw funds at any time.

Which broker is used?

A regulated broker with client funds protected up to USD 1M via a Lloyd's of London-backed program.

Do I need trading knowledge?

No. The strategy handles all decisions.

Chinese Yuan: Consolidation with Upside Bias Against USD – UOB

The Chinese yuan is currently consolidating against the US dollar, according to UOB strategists Quek Ser Leang and Lee Sue Ann. With current consolidation around 6.77, they maintain a cautious downside bias as long as strong resistance at 6.7820 remains intact.

Impact on the Gold Market

China plays a pivotal role in the global market, particularly regarding gold. A stronger yuan could potentially reduce demand for dollar-priced assets like gold, as they become more expensive for Chinese buyers. This could, in turn, affect gold price volatility.

Automated Trading: A Helping Hand

For the average investor, keeping up with constant currency shifts and their impact on the gold market can be challenging. This is where automated trading, with a focus on gold, becomes invaluable. It allows investors to quickly react to market changes without needing to constantly monitor the market.

Join aiforex for free and get access to automated trading with a public track record since 2024.