Option for today is an analysis series for binary options in cooperation with BDSwiss broker. Every day we present the best PUT or CALL options for a selected financial instrument along with its current technical analysis.
According to my last projection, as a result of Thursday’s declines, GOLD market reached level around 1247.50, converging with 50% of Fibonacci correction from earlier gains, where strong demand response occurred. Since then, we have seen increases which after setting new highs have formed a double top at 1258.00. Later corrections reached vicinity of last week peaks, which we are currently re-testing. Permanent rejection of this level could be a signal to continuation of growth. So in short term, you should consider CALL option on this instrument.
BDSwiss, offers 70% return on options. If you win, the greater will be the percentage of your earnings from invested stake. If you lose, regardless of the size of the defeat, you will never lose more than you bet. You can also choose other expiration hours for options, both shorter and longer.
