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.

WTI Oil Falls Below $80 Amid Hormuz Reopening Hopes

West Texas Intermediate (WTI) oil prices have fallen below $80 per barrel. This price drop follows expectations of a de-escalation between the US and Iran and a potential reopening of the Strait of Hormuz. Recent concerns over shipping routes have caused volatility in the oil market, which can also affect other commodities like gold.

The Connection Between Oil and Gold

Developments in the oil market can indirectly impact gold prices. As oil becomes cheaper, changes in inflation expectations and global economic growth can influence the demand for gold as a safe haven.

Automated Gold Trading

For the average investor, keeping track of these complex relationships between oil, gold, and global political events can be challenging. This is where automated trading focusing on gold can be advantageous. With aiforex, you can benefit from automated strategies that adapt to market fluctuations, providing a more consistent trading experience.

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