Gold Binary Options Setup February 10-14 2014

Market events have great impact on gold prices and can produce trading opportunities for gold binary options traders. We highlighted for you the main events for the week of February 10 th 2014  on the Gold spot.

24option, is a respected provider recommended by BOCrunch.

Let’s review the events. All times are GMT.

  1. U.S. JOLTS Job Openings: Tuesday, 15:00. Exp. 4.04M. 4.08M or more PUT on Gold. 3.94M or less, CALL on Gold.
  2. Euro Zone Industrial Production:Wednesday, 10:00. Exp. -0.2%. 2.0% or higher CALL on Gold. -0.3% or lower, PUT on Gold.
  3. U.S. Federal Budget Balance: Wednesday, 19:00. Exp. -28.2B. 55.2B or more PUT on Gold. -34.5B or less, CALL on Gold.
  4. U.S. Unemployment Claims: Thursday, 13:30. Exp. 331K. 333K or more, CALL on Gold. 328K or less, PUT on Gold.
  5. German Prelim: Friday, 07:00. Exp. 0.3%. 0.5% or higher, CALL on Gold. 0.1% or lower, PUT on Gold.
  6. U.S. Prelim UoM Consumer Sentiment: Friday, 14:55. Exp. 80.6. 80.9 or more PUT on Gold. 80.2 or less, CALL on Gold.

If you are interested in gold binary options, see our unique Bonus Offer from 24option, for BOCrunch binary option traders.

These expected market reactions and setups are general market commentary. This is by no means any type of investment advice.

Quick explanations:

CALL options – if the price closes at a higher level than the price you purchased at expiry time, you make 75%. If it closes below, you’re left with 10%.
PUT options – if the price closes under the price you purchased at expiry time, you make 75%. If it closes above, you’re left with 10%.

The data for these news events has been analyzed given previous releases and reactions, current market conditions and more. Significant surprises to market consensus, as given by surveys of economists, normally trigger sharp market reactions that proceed for a long period of time. When some events collide with each other, they can offset each other. So, these events aren’t in the list.

Full Disclosure: BOCrunch is affiliated with and GlobalTrader365 .

Try binary trading with AnyOption

Leave a Comment