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.
GOLD on H1 chart is in a lasting over a month bearish trend. In last period of this trend GOLD moves between support 1218.00 and resistance in area of 1228.00. Price oscillates near resistance preparing to second reflection from this zone. It seems that, according to the prevailing tendency, in near future we can await declines. In this context, consider PUT option.
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