6.21 Gold does not change short trend gold crude oil operation recommendations

In the era of economy, trading is not long or short, and the game of long and short is also the planning of wealth. The repeated defeats of bulls, the new lows of bears, and the win-win situation of long and short. Demonstrate agility in the profession, and achieve wealth in wisdom. News on Tuesday (June 20), dragged down by the latest signs of oversupply in the oil market, oil prices have fallen below several technical support levels, and the future decline seems to have been clear. The international benchmark oil price fell further, extending the decline to nearly 3%, the lowest since November 6 last year, it is clear that the market has seen more signs of crude oil oversupply - the latest news shows that Libyan crude oil production rose to a four-year high of 900,000 barrels per day, and the latest data of freight tracking KplerSAS shows that the oil price has fallen further. The amount of oil in floating storage rose further to 111.9 million barrels, the highest level of the year, in a sign that Opec's efforts to cut production to support the market have been undermined by increased production elsewhere. Overnight, oil prices fell 3 percent to a seven-month low, and the market hoped that the release of U.S. API crude inventories would recoup the losses. Although the crude oil inventory data recorded a larger decline than expected, but because refined oil and gasoline inventories recorded an increase, the two oil in the data when the short-term high after the withdrawal. Crude oil market analysis last night, the European session of crude oil plummeted, so far has fallen through the $43 mark position, to this point I believe that no one continues to see more crude oil! The basic bearish frequency, there is no good support for oil price rebound; Plus technical, bear strength; The daily line has been a bearish trend recently, and the k line continues to follow the lower Bollinger band track down; Short-term four-hour level, oil prices plummeted directly through the Bollinger belt support, the current Bollinger belt serious opening, oil prices run in the Bollinger belt kneel below, short-term pressure; In summary, crude oil currently continues to be bearish, the morning below the 43.0 line, above the 44.0 line of pressure. Crude oil operation suggestions suggest a rebound of 44.0 can be empty, stop loss 44.3, target to see near 43.0 suggestions below 43.0 near more, stop loss 42.6, target to see gold market analysis near 44.0 Gold: from the current situation, the future market of gold is a downward trend, below the support level of 1240, the daily line five negative possibility increased. Beauty point gold believes that the hope of gold bulls can only be pinned on the Federal Reserve Vice Chairman Fischer also released a "dovish" signal, otherwise gold will fall to the bottom. The daily figure is relatively full, stuck to the 5-day line pressure shock fell, and yesterday for a long period of transitional finishing, and then slowly fell. After the decline, there was no downward recovery. That is to say, the support of 1245 has been weakened by long-term consolidation. At present, gold bulls are facing a major technical "do-or-die moment", once they can't close back above 1250, a whirlwind plunge may be inevitable. In the short term, as long as it does not stand above 1250, the temporary empty finishing ideas remain unchanged, and now there is no stop signal, just that the decline has slowed down, and the real strong support this week is at 1230. Below 1240 is near the previous bearish turning point, the support will be very strong, focusing on the break of $1240, the next break will be down to 1230, on the contrary, or will maintain a low shock more than open the road to rebound. The morning recommendation 1240-1250 range rebound is mainly short. Gold operation recommendations suggest a rebound near 1245-1247 short, stop loss 1250, the goal to see 1237 break continue to hold if the technology is the guarantee of investment, the mentality is decision-making, the size of the interests are directly related to your state of mind, the same person, the top does not bend, the crisis is not in turmoil, the general demeanor, bolder, often can achieve great things, Repeatedly tangled, become frightened of the bird is difficult to become a big event, all principles in your final spirit and mentality. Text/Beauty point gold