Gold remains unchanged around 1254-6 crude oil continues dropping to 47

2018-12-19 14:16:23 and News Network
  Yesterday, the gold market did not continue, it is still a range of shocks, fluctuations around the 1245-50 range, but the crude oil is very fierce, the US plate fell again, the lowest to 46 first-line, a single-day drop of 8%, really makes people happy.

  Most people like trends, but most people are exploding in the trend.

  Such of gold, continuous shocks, fluctuations in the range, small price fluctuations, and high repeatability, it is difficult to break the position in gold these months. Still, crude oil, I think many people will have headaches. If you are not careful, you will return to liberation one night.

  Often talk about the trend, in the trend, don’t guess the bottom, but many people can’t stop the temptation of price, think that the decline is too significant, the chance of bargain-hunting is coming. Or the daily line receives the Yin. The turn is yang. This is a kind of speculation, forgetting that the more significant the decline, the weaker the trend, and the greater the decline, the market is the actual short.

  For more than a month, in the group of students, almost every day, the trend of crude oil is recommended to be weak, and crude oil is used as a symbol of learning. To move to profit, the greater strength in the downturn is not the key to changing direction, but only to fix short positions.

  On these two days, we will summarize the points for you, and we must remember:

  1, the low position in the weak sideways, must not stop falling, but the weak consolidation, the bottom of the test is not supported, but the lack of support, the probability of breaking high.

  2, the weak Bolian Yin, the most basic signal, the first Yin after the Yang Xian, must continue to fall.

  3, when there is a large amount of counter-pumping in the fall, do not think it is bottoming out. The anti-pumping force is considerable, just a short correction.

  4, the daily line continues to fall, is a steep decline, this trend, there will be a second wave of decline, the rebound is also empty.

  The gold market is different, continuous shocks, interval operation, and low price fluctuations, so in this market, give you a summary:

  1, do not chase the single; chase the single no profit.

  2, do not believe in breakthroughs; breakthroughs do not continue.

  3, try to find a relatively safe double top and double bottom trading.

  4, refer to the front strength to layout the trend.

  So, you will understand that gold is slow and volatile, and crude oil is falling.

  I remembered a few days ago. I summed up the sentence: the inexhaustible crude oil, the gold that can’t afford it. It probably describes the current state.

  So today, gold continues to see more shocks.

Gold looks stable around 1254-6 unchanged crude oil 47 continues slipping.

  Today we will take 4 hours to look at it.

  1, yesterday, the price of the second test 1245 back pumping, forming double bottom support, this is the lifeline and watershed of today’s bulls.

  2, the price encountered resistance in the early high point around 1250 and sideways shocks.

  3, early bottom detection continues to consolidate in the 1250 line.

  Today’s market is relatively simple. It is difficult to suppress the retreat, and the rise will not be withdrawn.

  In other words, the ups and downs are from now on.

  Yesterday evening we suggested 1247.5-48 more than one, and today we can continue to hold the target 1255-6 line.

  In addition, the short position is also recommended in more than 1248, breaking 1244 damage, the target remains unchanged.

  In addition, if there is no breakthrough in the suppression of the day, then retreat again, do not consider more than 1244-5, this position is suppressed, it is challenging to rise.

  In terms of short selling, we need to wait for the evening. The daily line has been relying on the moving averages to rise slowly. We are worried that there will be an outbreak, and we will not consider it in the day.

  On the wild side, today is the second day after the bottom, and the daily line has fallen for three consecutive days.

  Note that the bottom is instead the short release, which will speed up the arrival of the bottom. Usually, 2-3 days after falling below the previous low, you can’t hit the air.

  According to the current form, the air can be used for up to 1-2 days, and the crude oil will have a back pumping.

  Therefore, this must remind everyone that there is no problem in the air, but we must not die, but we must take a reasonable stop loss and rationally bearish.

  Crude oil still has two points today:

  1,47 line small, 47.4 plus, loss 47.7, target 45.80-60.

  2, see if the morning breaks the bottom, the bottom is similar to yesterday’s form, and you can choose the radical direct layout in the afternoon.