Gold Binary Options Weekly Setup November 14–18 2011

Trading Binary options can be done on currencies, oil, stocks and gold. In this weekly section we will be focusing on gold binary options. This week, starting November 14th brings us amazing trading opportunities. It’s going to be a very busy week with more signals on Gold prices than usual.

This week there are no less than 9 events that can produce trading opportunities on gold binary options, and a unique 500$ Bonus Offer from, for BOCrunch gold binary option traders.

These are the events for this week (all times are GMT) :

  1. European Industrial Production: Monday, 10:00. Exp. -2.1%. 1.4%  or higher, CALL on Gold.  -2.7% or lower, PUT on Gold.
  2. U.K. CPI: Tuesday, 09:30. Exp. 5.1%. 5.4%  or higher, CALL on Gold. 4.7% or lower, PUT on Gold.
  3. German ZEW Economic Sentiment: Tuesday, 10:00. Exp. -51.7. -43.3  or more, CALL on Gold.  -55.5 or less, PUT on Gold.
  4. U.K. Claimant Count Change: Wednesday, 09:30. Exp. 20.8K. 24.5K  or more, PUT on Gold. 12.4K or less, CALL on Gold.
  5. U.S. Core CPI: Wednesday, 13:30. Exp. 0.1%. 0.3%  or higher, PUT on Gold.  0.0% or lower, CALL on Gold.
  6. U.S. TIC Long-Term Purchases: Wednesday, 14:00. Exp. 63.4B. 71.7B  or more, PUT on Gold.  51.2B or less, CALL on Gold.
  7. U.K. Retail Sales: Thursday, 09:30. Exp. -0.3%. 0.6%  or higher, CALL on Gold. -0.7% or lower, PUT on Gold.
  8. U.S. Unemployment Claims: Thursday, 13:30. Exp. 397K. 401K or more, CALL on Gold. 388K or less,PUT on Gold.
  9. U.S.Philly Fed Manufacturing Index: Thursday, 15:00. Exp. 9.3. 14.7  or more, PUT on Gold.  3.2 or lower, CALL on Gol.

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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 89%. 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 89%. If it closes above, you’re left with 10%.

For GBP/JPY Binary Trading, read our weekly GBP/JPY binary options setup.

Read more on Gold and other commodities at TradingNRG.

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.

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