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.

Gold steadies after hitting seven-month low, Fed rate hikes in focus

The gold market has experienced significant volatility in recent days, culminating in gold (XAU/USD) falling to a seven-month low. Despite this drop, gold has shown some recovery, thanks to buyers finding opportunities in the dips. Currently, the price hovers around $4,030.

Impact of Fed's Rate Decisions

One of the main factors driving gold's price movements is speculation around the Federal Reserve's potential rate hikes. Rate increases can enhance returns on interest-bearing assets, which may reduce the appeal of non-yielding assets like gold. When investors anticipate higher rates, gold prices can be pressured downward.

Automated Gold Trading: A Solution for Retail Investors

For the average investor, keeping up with these rapid changes in the gold market can be challenging. Manually tracking and reacting to market news is time-consuming and requires deep expertise. This is where automated trading becomes a valuable tool. Through artificial intelligence, trading platforms can adapt to market changes faster than many manual traders.

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