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.

New Zealand Dollar Rises as Softer US Jobs Data Weighs on USD

The New Zealand Dollar (NZD) climbed towards the 0.5700 level against the US Dollar (USD) on Thursday, following softer-than-expected US employment data. Movements in the forex market like these can have indirect effects on the gold market, as a weaker USD often leads to higher gold prices.

The Complex Dynamics Between Currencies and Gold

Gold prices tend to move inversely to the USD. When the USD weakens, as seen with the recent softer jobs data, gold becomes cheaper for investors using other currencies, potentially increasing demand and thus the price of gold.

Why Automated Gold Trading is Relevant

Keeping track of all these factors manually is time-consuming and complex, especially with rapid changes in macroeconomic data. This is where automated trading can be advantageous. By analyzing market data in real-time and executing trades based on algorithms, automated systems can help investors navigate the gold market more effectively.

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