Mohicans markets：MHM European Market

Market Overview

On Wednesday (March 15), the spot gold fell slightly in the Asian session, and it is currently trading near the 1900 mark. The overnight data shows that the inflation in the United States is still at a high level, which increases the expectation of the Federal Reserve to raise interest rates by 25 basis points next week. The rebound in the yield of US Treasuries put pressure on the gold price. However, the fear caused by the collapse of Silicon Valley Bank has not completely dissipated, and the Federal Reserve is expected to be no longer particularly hawkish, and the geopolitical tension will also provide safe-haven support for gold prices.

US crude oil was trading near US $71.80/barrel; The oil price fell by more than 4% on Tuesday, hitting the lowest level in three months. Earlier, the inflation report of the United States and the recent collapse of Silicon Valley Bank raised concerns about the new financial crisis, which may reduce the future oil demand, and the OPEC monthly report showed that the global oil market may have a slight oversupply in the second quarter; Data released in the morning showed that the US crude oil inventory increased last week, which also limited the rise of oil prices.

This trading day will announce US PPI data in February and retail sales data. The market expects that PPI growth will slow down and retail sales will decline on a month-on-month basis, which is still biased towards bullish gold prices. During the day, we will focus on the annual PPI rate of February in the United States, EIA data, and IEA's monthly crude oil market report.

The Mohicans Markets strategy is for reference only and not for investment advice. Please read the statement clauses at the end of the text carefully. The following strategy was updated at 15:00 Beijing time on March 15, 2023.

Intraday Oscillation Range: 1873-1889-1903-1911-1929

Overall Oscillation Range: 1730-1756-1780-1801-1817-1833-1856-1873-1889-1903-1911-1929-1937-1951-1978-1985

In the subsequent period of spot gold, 1873-1889-1903-1911-1929 can be operated as the bull and bear range; High throw low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on March 15. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 20.1-20.6-21.5-22.3

Overall Oscillation Range: 19.7-20.1-20.6-21.5-22.3-23.1-23.9-24.5-25.3-26.1

In the subsequent period of spot silver, 20.1-20.6-21.5-22.3 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on March 15. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range:68.9-70.1-71.2-72.3-73.1-73.8

Overall Oscillation Range: 68.9-70.1-71.2-72.3-73.1-73.8-75.1-77.9-78.5-79.9-80.7-82.3-83.5-85.3

In the subsequent period of US crude oil, 68.9-70.1-71.2-72.3-73.1-73.8 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on March 15. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 1.0570-1.0690-1.0755-1.0830-1.0950

Overall Oscillation Range: 1.0290-1.0360-1.0460-1.0570-1.0690-1.0755-1.0830-1.0950-1.1157-1.1220-1.1303

In the subsequent period of EURUSD, 1.0570-1.0690-1.0755-1.0830-1.0950 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on March 15. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 1.1920-1.2030-1.2135-1.2250-1.2375

Overall Oscillation Range: 1.1610-1.1830-1.1920-1.2030-1.2135-1.2250-1.2375-1.2400-1.2470-1.2550

In the subsequent period of GBPUSD, 1.1920-1.2030-1.2135-1.2250-1.2375 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on March 15. This policy is a daytime policy. Please pay attention to the policy release time.