Gold Binary Options Weekly Setup November 21–25 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 21st brings us amazing trading opportunities. The U.S. market is showing very positive signs which will probably impact gold prices.

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 24option.com, for BOCrunch gold binary option traders.
These are the events for this week (all times are GMT) :

1. European Current Account: Monday, 09:00. Exp. -3.4B. -2.1B  or more, CALL on Gold. -7.4B or less, PUT on Gold.
   
2. U.S. Existing Home Sales: Monday, 15:00. Exp. 4.82M. 5.05M  or more, PUT on Gold.  4.77M or less, CALL on Gold.
3. U.K. Public Sector Net Borrowing: Tuesday, 09:30. Exp. 4.3B. 12.0B  or more, CALL on Gold. -2.0B or less, PUT on Gold.
4. U.S. Prelim GDP: Tuesday, 13:30. Exp. 2.5%. 3.0%  or higher, PUT on Gold.  1.8% or lower, CALL on Gold.
5. U.S. Unemployment Claims: Wednesday, 13:30. Exp. 387K. 390K or more, CALL on Gold. 385K or less,PUT on Gold.
6. U.S. Revised UoM Consumer Sentiment: Wednesday, 14:55. Exp. 64.6. 67.5  or more, PUT on Gold.  60.9 or less, CALL on Gold.
7. U.K. Revised GDP: Thursday, 09:30. Exp. 0.5%. 0.8%  or higher, CALL on Gold. 0.3% or lower, PUT on Gold.
8. U.K. CBI Industrial Order Expectations: Thursday, 12:00. Exp. -19. -10  or more, CALL on Gold. -28 or less, PUT on Gold.
9. Belgium NBB Business Climate:  Thursday, 14:00. Exp. -11.3. -9.4 or more, CALL on Gold. -13.0 or lower, PUT on Gold.

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