know how to play this multiple ways, could be as much as 500. Seasonal strength often occurs from September to January, beginning with the Indian festival season and ending with Chinese New Year. A Binary Options Gold Trading Strategy. Binary Options Strategy for Trading Gold Prices. Conclusion, gold is one of the most volatile commodities too. Its daily pip movements are anywhere between 1,000 pips and 10,000 pips. Unlike financial spreads or futures, you do not need to worry about margin calls and the most you can lose is the price of the option which is paid up front. If we get these three ingredients right, the trade will succeed. Another way for the trader to possibly make money. These are three possible outcomes that can translate into some cash to finance that shopping spree that has occupied your mind lately.
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Why Trade Gold through Binary Options? Trade 1, in the first scenario, we used a bullish gold prediction to predict a Touch on a strike price which was within reach, and it performed as we said it would. If I am wrong and gold is lower, I would lose my stake but no more. September is the best month to be long on gold with an average return of 2 over the last 42 years. In the example below I am using a 100 day SMA if the price is above the SMA we can say the trend is up and bullish and if below we can say the trend is down and bearish. Trade 2, this screenshot shows a No Touch trade for gold, where we used the principles we described above to say that gold was not going to touch a bearish target. Gold has been freely trading since 1973 so we have a fair amount of data that we can look back. So, you must think carefully before starting to trade with gold binary options.
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