Crude Oil Price Chart Flashing Early Bearish Reversal Warning

CRUDE OIL & GOLD TALKING POINTS:

原油和黄金谈话要点：

• Crude oil price chart flashing early bearish warning, earnings flow in focus

  原油价格走势图早盘看跌警告，关注的收益流

• Selling pressure may be compounded if EIA inventory data echoes API print

  如果EIA库存数据与API打印相呼应，销售压力可能会加剧

• Gold prices fall as US Dollar gains overpower drop in Treasury bond yields

  随着美元国债收益率大幅下跌，黄金价格下跌

Crude oil prices extended Mondays impressive surge to touch a six-month high. The move appeared to be sentiment-driven, with the WTI benchmark racing higher alongside US stocks in early Wall Street trade. The rally fizzled as the equities upswing stalled midday however, with prices retreating into the close to erase more than half of the intraday rise.

原油价格周一延续了令人印象深刻的飙升六个月高点。此举似乎是情绪驱动的，WTI基准指数在华尔街早期交易中与美国股市走高。随着股市上涨在中午停滞不前，股市上涨停滞不前，价格回落至盘中涨幅的一半以上。

APIweekly inventory flow data helped drive the afternoon retreat. It claimed that US stockpiles added a hefty 6.86 million barrels last week. Official EIA statistics due today envision a meager 810.7k rise. An outcome closer in line with APIs estimate might weigh on oil prices. The ongoing flow of first-quarter corporate earnings releases is likely to remain in the spotlight however.

API周刊库存流量数据推动午后撤退。它声称美国库存上周增加了大量的686万桶。今天到期的官方环境影响评估统计数据预计仅增加810.7万。与API估计相近的结果可能会对油价产生影响。然而，第一季度企业盈利公布的持续流动可能会继续成为人们关注的焦点。

Another busy day on the reporting docket will see outcomes from 43 constituents of the bellwether S&P 500 index cross the wires. Notable names shaping global business cycle bets ahead of the opening bell on US exchanges include Caterpillar and Boeing. If the tone of these announcements rekindles worries about the ongoing slowdown in broad-based economic growth, oil prices may fall amid risk aversion.

报告案件的另一个繁忙日子将会看到领头羊标准普尔500指数的43个成分股的结果索引穿过电线。在美国交易所开盘前，包括卡特彼勒和波音在内的全球商业周期投注的着名品牌。如果这些公告的基调重新引发对广泛经济增长持续放缓的担忧，油价可能会因避险情绪而下跌。

GOLD PRICES DOWN AS US DOLLAR GAINS OVERPOWER BOND YIELDS DROP

美元下跌的金价已超出债券收益率DROP

Gold prices fell as the US Dollar powered higher despite the risk-on move in the stocks space. In fact, sentiment was on the defensive across most other benchmark assets. The Greenback rose alongside the similarly defensive-minded Japanese Yen and US Treasury bonds in what appeared to be a response to worrying Brexit developments. That tarnished the appeal of anti-fiat alternatives like the yellow metal.

黄金价格随着美元走强而下跌，尽管股市有风险上扬。事实上，大多数其他基准资产的情绪处于守势。美元与同样具有防守意识的日元和美国国债一起上涨，似乎是对令人担忧的英国脱欧事态的回应。这玷污了黄金等反法国替代品的吸引力。

GOLD TECHNICAL ANALYSIS

黄金技术分析

Gold prices are resting atop support in the 1260.80-63.76 area, with a break below confirmed on a daily closing basis exposing the 1235.11-38.00 zone. Alternatively, a turn back above support-turned-resistance at the neckline of a Head and Shoulders (H&S) chart pattern – now at 1281.83 – sets the stage for test above the $1300/oz figure. The H&S setup broadly implies a downside objective at 1215.00.

黄金价格在1260.80-63.76支撑位于支撑位上方区域，在每日收盘基础上确认突破以下区域，暴露1235.11-38.00区域。另外，在Head and Shoulders（H＆S）图表模式的颈线处 - 现在位于1281.83 - 的支撑转向阻力位上方回转，使得测试阶段高于1300美元/盎司的数字。 H＆S设置广义上意味着下行目标为1215.00。

CRUDE OIL TECHNICAL ANALYSIS

原油技术分析

Crude oil prices put in a Shooting Star candlestick below resistance in the 66.09-67.03 area, hinting at indecision that may precede a reversal lower. Negative RSI diverse bolsters the case for a downside scenario. A daily close below trend line support at 62.42 exposes initially exposes 60.39. Alternatively, a breach of resistance paves the way to challenge the $70/bbl figure.

原油价格上涨在66.09-67.03区间阻力位于射击之星烛台下方，暗示可能在反转走低之前的犹豫不决。负面的RSI多样化支持了下行情景。每日收盘价低于趋势线支撑位62.42，最初暴露60.39。或者，突破阻力为挑战70美元/桶的数字铺平了道路。

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

---由DailyFX.com的货币策略师Ilya Spivak撰写