Mohicans markets：MHM European Market

Market Overview

On Thursday, January 19, spot gold shock slightly up during the Asian session and is currently trading near $1909.20 per ounce. The poor performance of U.S. PPI, retail sales and other data out overnight has reinforced market expectations that the Federal Reserve will slow the pace of interest rate hikes; U.S. bond yields fell to a new low of more than four months, which provided support to gold prices; but Fed officials reiterated the target rate to more than 5%, still making gold bulls wary.

On this trading day, data will be released on the changes in the number of U.S. initial jobless claims, new home building permits and housing starts. In addition, we need to pay attention to the speech of the Federal Reserve Vice-Chairman Brainard, the minutes of the meeting of the European Central Bank and the speech of the officials of the European Central Bank.

Mohicans Markets strategy is only for reference and not for investment advice. Please carefully read the statement at the end of the text. The following strategy will be updated at 15:00 on January 19, 2023, Beijing time.

Intraday Oscillation Range: 1883-1911-1929

Overall Oscillation Range: 1730-1756-1780-1801-1817-1833-1856-1883-1911-1929-1937

In the subsequent period of spot gold, 1883-1911-1929 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 on 19th Jan. It is the daytime policy. Please pay attention to the release time.

Intraday Oscillation Range: 22.3-23.1-23.9-24.5-25.3

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

In the subsequent period of spot silver, 22.3-23.1-23.9-24.5-25.3 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 on 19th Jan. It is the daytime policy. Please pay attention to the release time.

Intraday Oscillation Range: 75.1-77.3-78.5-79.9-80.70

Overall Oscillation Range: 70.1-71.2-72.3-73.1-73.8-75.1-77.3-78.5-79.9-80.7-82.3-83.5

In the subsequent period of US crude oil, 75.1-77.3-78.5-79.9-80.70 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 on 19th Jan. It is the daytime policy. Please pay attention to the release time.

Intraday Oscillation Range: 1.0690-1.0755-1.0830-1.0910

Overall Oscillation Range: 1.0290-1.0360-1.0460-1.0570-1.0690-1.0755-1.0830-1.0910-1.1060

In the subsequent period of EURUSD, 1.0690-1.0755-1.0830-1.0910 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 on 19th Jan. It is the daytime policy. Please pay attention to the release time.

Intraday Oscillation Range: 1.2030-1.2135-1.2250-1.2375-1.2400-1.2470

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, 1.2030-1.2135-1.2250-1.2375-1.2400-1.2470 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 on 19th Jan. It is the daytime policy. Please pay attention to the release time.