MHMarkets：The U.S. dollar edged higher and lower, non-U.S. currencies and precious metals went long and short, and U.S. crude oil shook to the downside!

Market Overview

On Tuesday (August 15) , spot gold was narrowly oscillating during the Asian session, and is currently trading near $1905.10 per ounce. U.S. Treasury yields and the U.S. dollar stayed high before the release of retail sales data, forming a pressure on gold prices.

Tuesday's data is expected to show that retail sales rose 0.4% in July from a year earlier, supporting the view that the economy remains solid. But it is unlikely to change expectations that the Fed is done raising rates as inflation moderates.

U.S. crude oil is trading in a narrow range, currently trading near $82.73 per barrel. The Chinese central bank unexpectedly cut open market MLF (medium-term lending facility) and reverse repo rates again, providing some support to oil prices. However, the market's concerns about the prospects for crude oil demand recovery are still lingering, and the relative strength of the dollar and U.S. bond yields still need to beware of the risk of a further pullback in oil prices.

This trading day needs to keep an eye on the U.S. Monthly Rate of Retail Sales for July and the API Crude Oil Inventories data series.

MHMarkets 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 August 15, Beijing time.

Intraday Oscillation Range: 1873-1889-1903-1919-1929-1937-1951-1960

Overall Oscillation Range: 1730-1756-1780-1801-1817-1833-1856-1873-1889-1903-1919-1929-1937-1951-1960-1977-1985-1998-2007-2016-2033-2046-2057-2066-2077-2089-2097-2100

In the subsequent period of spot gold, 1873-1889-1903-1919-1929-1937-1951-1960 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 August 15. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 20.6-21.5-22.3-23.1-23.9-24.5

Overall Oscillation Range: 19.7-20.1-20.6-21.5-22.3-23.1-23.9-24.5-25.3-26.1-26.6-27.3

In the subsequent period of spot silver, 20.6-21.5-22.3-23.1-23.9-24.5 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 August 15. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 77.9-78.5-79.9-80.7-82.3-83.5-85.3

Overall Oscillation Range: 62.1-63.7-64.5-65.8-66.9-67.3-68.9-70.1-71.2-72.3-73.1-73.8-75.1-77.9-78.5-79.9-80.7-82.3-83.5-85.3-87.3-89.1-90.7

In the subsequent period of crude oil, 77.9-78.5-79.9-80.7-82.3-83.5-85.3 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 August 15. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range:1.0755-1.0830-1.0950-1.1157-1.1220

Overall Oscillation Range: 1.0290-1.0360-1.0460-1.0570-1.0690-1.0755-1.0830-1.0950-1.1157-1.1220-1.1303-1.13340

In the subsequent period of EURUSD, 1.0755-1.0830-1.0950-1.1157-1.1220can 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 August 15. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range:1.25460-1.26505-1.27000-1.28200-1.29300

Overall Oscillation Range: 1.1610-1.1830-1.1920-1.2030-1.2135-1.2250-1.2375-1.2400-1.2470-1.25460-1.26505-1.27000-1.28200-1.29300-1.30000-1.30600-1.31000-1.31660-132000

In the subsequent period of GBPUSD, 1.25460-1.26505-1.27000-1.28200-1.29300 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 August 15. This policy is a daytime policy. Please pay attention to the policy release time.