Gold Binary Options Weekly Setup November 7–11 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 7th brings us amazing trading opportunities. Although gold spot have been mostly on the rise past 10 days, events of early November can bring a change to gold price.

This week there are no less than 5 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 Sentix Investor Confidence: Monday, 09:30. Exp. -19.5. -13.2  or more, CALL on Gold.  -22.1 or less, PUT on Gold.
  2. U.K. Manufacturing Production: Tuesday, 01:30. Exp. 0.2%. 0.6%  or higher, CALL on Gold. -0.4% or lower,PUT on Gold.
  3. U.S. Unemployment Claims: Thursday, 13:30. Exp. 402K. 404K or more, CALL on Gold. 396K or less,PUT on Gold.
  4. U.K. PPI Input: Friday, 09:30. Exp. 0.0%.  2.1% or higher, CALL on Gold..  -2.0% or lower, PUT on Gold..
  5. U.S. Prelim UoM Consumer Sentiment: Friday, 14:55. Exp. 61.1.  64.1 or more, PUT on Gold.  58.2 or less, CALL on Gold.

If you’re interested in trading gold binary options, please go to They’re a leading binary options provider.

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.

Full Disclosure: BOCrunch is affiliated with

Try binary trading with AnyOption

No Comments

    Leave a Comment