Chai June Riching: 5, 6 spot gold, Ningui asphalt operation suggestion and analysis
U.S. crude inventories increased by 2.784 million barrels in the week ended April 29, with the market predicting an increase of 1.695 million barrels, according to the latest data from the U.S. Energy Information Agency (EIA). Cushing's crude stocks increased by 243,000 barrels to 66.29 million barrels. U.S. gasoline inventories increased 536,000 barrels last week, the market is estimated to reduce 144,000 barrels, while U.S. refining oil inventories reduced by 1.261 million barrels, the market is estimated to reduce 83,000 barrels. U.S. crude oil imports rose 110,000 barrels a day last week to 7.27 million barrels. However, crude oil production in the United States last week decreased by 113,000 barrels to 8.825 million barrels/day, and recorded the lowest yield since July 2015.
U.S.-issued initial requests and challenger firms have performed poorly, but since the dollar index has fallen sharply and investors have returned to their positions before the U.S. non-farm data was released in Friday, the dollar index has surged, reaching 93.86 per cent, the highest level in nearly a week, and rising for three consecutive days. The dollar has forced the oil price to be constrained. Non-farm data will affect the Fed's monetary policy against the dollar, the economy is bad, the Fed tends to cut interest rates, the dollar falls, the economy is good, the Fed tends to hike and the dollar appreciates. So before Machiavellian updated < fundamentals weaken the EIA power oil price rise as mentioned in Fade >, the arrival of non-farmers can focus on ADP (US ADP Employment in April), as well as the initial data (U.S. to April 30 when the early weeks of the week, the number of unemployed people), the results of the announcement, To understand the current economic situation in the United States. Wednesday Night 20:15 Sub-announcement ADP data is less than expected, bad US economy and US dollar, more than crude oil. Thursday Night 20:30 minutes to announce the first request data more than expected, the same bad U.S. economy and the United States dollar, more than crude oil.
Spot Golden Day instead line again pick up and down the shadow line of cross Yin Line, present four even Yin, but the entity candlestick is not big, temporarily not change the bullish trend, this kind of candlestick behind as long as a big Yang Swallow four yin, quickly also can complete regain, while continuous long shadow also foreshadowed short volume can and space is limited, and the current price between MA5 and MA10 interval, the other moving averages system is long arrangement, short period indicator performance is good, the rise of potential energy to ease, just continuous slow down to kill the increase, as long as not below the 12,701 line, bears difficult to have as, 4 hours, the current price running short moving average above, if can keep steady, Then Opan may be able to usher in the rebound, the process of rising to pay attention to the Bollinger bands of the opening amplitude, the MACD downward potential energy slowed, green column shrinkage, stochastic index of the Gold fork upstream, 4 hours overall bullish, but it takes time to do the conversion. In general, the continuous three-day gold is difficult to break below 1270 to open the falling space, then the non-agricultural perhaps as an opportunity to usher in a wave of rebound, once the non-agricultural formation of good, bulls will be again hit the 1300 mark, so, days Chai June recommended operation for the time being low, according to the changes in disk surface how we track But in any case, trading is a good deal of wind control. Spot gold Operation recommendations:
1, 1288-1290 short space, stop loss 1295, target 1290-1288
2, 1273-1275 long, stop loss 1268, target 1285-1288
Ningui Asphalt Yesterday day line received a upper shadow line longer Yang, highlighting the strong pressure in the rise, today morning is low open, the price falls under the short-term moving averages, the MACD index Dead Fork volume, green column take hold, stochastic indicators to maintain the downward, the daily line to see today first to go down. 4 hours, yesterday's fall formed a small double top, Bollinger bands down, short-period indicator sharp head downward expansion, 4 hours overall performance weak. Yesterday's trend is fully affected by the news, Iraq's production increased news prompted crude oil withdrawal adjustment, but yesterday the oil well was bombed the news and stimulate the oil price sharply back to the 44,351 line, overnight again, this news market completely break the trend of technical indicators, and this repeated tumbling or surging, according to the technology to do, will be very passive , short-term, will also be withdrawn, the bottom of the focus on 4150 support, the bottom of the conversion point, the next break is the beginning of the short, the evening non-agricultural data published, more timely advice Baidu author Chai June get contact disk will be timely given, the oil market also has a certain impact, we have the appropriate attention can! Ningui Asphalt Operation Recommendations:
1, 4280-4300 Short, stop loss on 4350, target 4200-4180
2, 4150-4160 long, stop loss 4100, target 4230-4250
Chai June Riching: 5, 6 spot gold, Ningui asphalt operation suggestion and analysis
