Forex Gold Trader 4.0 is an EA that has been developed to trade gold and silver. Forex Gold Trader 4.0 is a safe and stable EA that can give a 10-20% monthly return spot trading gold and silver. Forex Gold Trader 4.0 has been developed to trade on the MetaTrader 4 platform. As you might be knowing this most Meta Trader 4 brokers have gold currency XAUUSD. So with this gold trading robot, you can also join the gold rush that is taking place right now in the global financial markets. The good thing about this gold trading EA is that it can trade on all types of account from cent to micro, mini and standard accounts. If you plan to trade with this EA on a micro account, you must have a minimum deposit of $1K.
Why Trade Gold?
Gold is undervalued right now. In the beginning of 1970, gold was selling around $35 per troy ounce when it started it’s historic move and in the next couple of years, gold prices reached as high as $850 then it plummeted and fell to $400 per ounce. If you convert that $850 into today’s money, it comes out to be around $2,067 adjusting for inflation. So what this means is that gold is undervalued and under appreciated right now. Gold is again making another historic move.
Gold prices started from below $1,000 sometimes back in 2008 and are now hovering around $1,900 per troy ounce. But that’s not all. There are market analysts predicting gold prices reaching as high as $5,000 per troy ounce in the next few years. The fundamentals driving this gold bull market are pretty strong and will stay strong in this decade as well as the governments all over the world print more and more money to cover their budget deficits and come out of the global financial recession.
Forex Gold Trader FGT 4.0
Forex Gold Trader FGT 4.0 EA has been getting good reviews from its users. If you are interested, you should first test it on your demo account for a period of one month. At the end of the month, do an audit of the performance of Forex Gold Trader 4.0. If you don’t get good results, simply go for a refund. And in case, you get good results, you should open a micro account with a deposit of $1,000 and trade live with it. In our view, the best method to trade with any EA is to start with a low deposit of $500-$1000 and then let the EA grow that deposit into a larger sum overtime. Of course, before trading live with it, take a detailed look at the live trading results of Forex Gold Trader 4.0 posted on MT4i Live. Go through all the statistics, then do your own thorough testing on your demo account for a period of 1 month.