Gold Downturn Continues

The gold binary option continued to slide into the abyss. This is as the greenback is very strong lately. The U.S. stock market rally and the positive U.S. economic data has led traders to sell gold and buy into more profitable assets. This is in contrast to the previous 2 weeks when there was a lot of demand for gold.
Crude oil began Thursday much lower, but gained during the trading day. This was on the publication of positive economic data from China and the Eurozone. Also, traders were ready to take much more risk.