August 29th Binary Options Asset Insights

Monday has only a couple of announcements coming out, all of which are US-based. The PCE numbers, as well as Personal Income could move the markets. With that being the case, we are looking at the following 3 assets:

Gold

Gold markets bounced again during the day on Friday, as it looks like the 1320 level continues to offer support. It looks like the call buyers may be interested again, and could very well continue to push.

FTSE 100

The FTSE 100 fell initially during the day on Friday but then bounced off of the 6800 level yet again. By doing so, it shows signs of it going higher again, and call buyers will be encouraged by the fact that we broke the top of the hammer from the previous session on Thursday. With this, we could see a bullish move.

WTI Crude Oil

The WTI Crude Oil market did almost nothing on Friday as we continue to consolidate just above the $47 level. With this, expect very quiet trading as it looks like we are essentially stuck in consolidation. It appears that call buyers keep returning just above the $46 level however.

Disclosure: None.

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