Oil with second consecutive day of fall

Oil reported yesterday its second consecutive daily downturn, with investors expecting details of the OPEC meeting that was discussing the offerings of the parties to the cartel.
US crude lost yesterday 22 cents, or 0.5 percent to a level of 49.17 dollars a barrel. Earlier this morning commodity futures were traded without substantial change at a level of $49.20, in an environment of increased geopolitical risk.
Yesterday, US President Donald Trump posed a serious threat to North Korea in response to the provocations that had come from there.
Trump's comments, however, were enough to send the price of gold up, by about 1%, and to support the dollar.
And the appreciation of the dollar is not particularly good news for oil traders.
It is entirely possible that oil will encounter new serious difficulties in its test from current psychological border. According to technical analysts, if the level of 50 dollars remains in force, it may be that oil prices go down with full force.