Mohicans markets：MHM Tổng quan Thị trường châu Âu

Market Overview

During the Asian session on Tuesday (March 28), the rebound of spot gold was hindered, and the current trading price is around $1958.71 per ounce. Although the weakening of the US dollar once provided support for the gold price, due to the dust settled in the trading of First Citizen Bank's acquisition of bank assets in Silicon Valley, European and American bank stocks rose sharply, dampening the market's safe haven demand for gold. Moreover, the gold price has fallen after being blocked for many times on the 2000 mark, and the risk of technical peak has increased. Investors need to beware of further downside risks of the gold price in the short term. 

There is little economic data on this trading day. Pay attention to the initial monthly rate of wholesale inventory in the United States in February and the performance of the consumer confidence index of the Conference Board in March, as well as the further changes in global stock market performance and market sentiment.

US oil traded near $72.86 per barrel; Oil prices surged more than 5% on Monday, boosted by Iraq's halt to exporting some crude oil from its semi autonomous Kurdistan region. In addition, concerns about the financial crisis have been eased by news of US banking acquisitions, and oil prices are expected to reach $75 per barrel.

During the day, the focus will be on the initial value of the monthly wholesale inventory rate in the United States in February, and the Senate Banking Committee will hold a hearing on the banking incident in Silicon Valley, with Federal Reserve Director Barr attending; API data will be released at 4:30 on Wednesday.

The Mohicans Markets strategy is for reference only and is not intended as investment advice. Please carefully read the statement terms at the end of the article. The following strategy was updated at 15:00 Beijing time on March 28, 2023.

Intraday Oscillation Range: 1951-1978-1985-1998-2007-2016

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, 1951-1978-1985-1998-2007-2016 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 28. 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 28. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 67.3-68.9-70.1-71.2-72.3-73.1-73.8-75.1

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, 67.3-68.9-70.1-71.2-72.3-73.1-73.8-75.1 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 28. 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 28. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 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, 1.2135-1.2250-1.2375-1.2400-1.2470 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 15:00 on March 28. This policy is a daytime policy. Please pay attention to the policy release time.