Mohicans markets：MHM European Market

Market Overview

On Tuesday (March 21), during the Asian session, spot gold narrowly oscillated, and is currently trading near $1981.38 per ounce. Near the Federal Reserve interest rate resolution, the market wait-and-see sentiment is strong, the overall trading is relatively light. Although the short-term risk aversion has fallen, gold prices are still supported by the low buying. Because of the turmoil in the banking industry in Europe and the United States, the market has fallen on the Fed's terminal interest rate. Goldman Sachs expects that the Fed may keep interest rates unchanged this week, and gold prices are expected to be stronger in the medium to long term bullish.

Further news from the banking sector in Europe and the U.S. this trading day should also be watched for further news from the U.S. and U.S. banking sectors. Watch for a speech by U.S. February annualized existing Home Sales and U.K. Chancellor of the Exchequer David Hunt. Jose Manuel Campa, President of the European Union Banking Authority, and Enria, Chairman of the Supervisory Board of the European Central Bank, will exchange views on the impact of Silicon Valley Bank's bankruptcy on financial stability in Europe, which needs to be focused on.

U.S. crude oil is shaking slightly lower and is currently trading at $67.20 per barrel. Momentum in the European and U.S. banking sectors continues to drag on oil prices. However, market concerns have now eased and oil prices bottomed out overnight, with some short-term oil price shocks to rebound and adjust.

This trading day, you need to pay attention to the API crude oil inventory related news, pay attention to the U.S. February annualized existing Home Sales and the European and American banking industry related news.

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 March 21, 2023, Beijing time.

Intraday Oscillation Range: 1937-1951-1978-1985-1998-2007

Overall Oscillation Range: 1730-1756-1780-1801-1817-1833-1856-1873-1889-1903-1911-1929-1937-1951-1978-1985-1998-2007-2016

In the subsequent period of spot gold, 1937-1951-1978-1985-1998-2007 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 21. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 21.5-22.3-23.1-23.9

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, 21.5-22.3-23.1-23.9 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 21. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range:63.7-64.5-65.8-66.9-67.3-68.9-70.1

Overall Oscillation Range: 62.1-63.7-64.5-65.8-66.9-67.3-68.9-70.1-71.2-72.3-73.1-73.8-75.1-77.9-78.5-79.9-80.7-82.3-83.5-85.3

In the subsequent period of US crude oil, 63.7-64.5-65.8-66.9-67.3-68.9-70.1 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 21. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 1.0460-1.0570-1.0690-1.0755

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, 1.0460-1.0570-1.0690-1.0755 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 21. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 1.1920-1.2030-1.2135-1.2250-1.2375-1.2400

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, 1.1920-1.2030-1.2135-1.2250-1.2375-1.2400 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 21. This policy is a daytime policy. Please pay attention to the policy release time.