MHMarkets：The U.S. dollar rose sharply during the day, non-US currencies and precious metals plummeted collectively, and U.S. crude oil shocked and consolidated in a small intraday range!

Market Overview

On Tuesday (September 5), spot gold maintained its modest intraday decline during the Asian market, with gold prices now trading near $1937 per ounce. Anil Panchal, an analyst at leading financial website FXStreet, wrote in his latest article on Tuesday that gold bulls are losing momentum below the $1,950 per ounce mark. CNY Caixin Services PMI and USD Factory Orders will be the focus of the session in terms of economic data.

Oil prices rose slightly as market sentiment was buoyed by positive economic data from China and the U.S., as well as expectations of continued crude supply cuts from major oil producers.

Looking ahead to the session, US traders will return after a long weekend. Market reactions to China August Caixin Services PMI and U.S. July Factory Orders will be important to watch for clear direction. Most importantly, the latest news on the Fed's next move, clues to China's economic recovery, and stimulus measures will be important for gold traders to focus on new dynamics.

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 September 5, Beijing time.

·Gold XAUUSD·
High Probability Scenario	High throw and low suction in the1903-1919-1931-1945-1951-1960 range
Low Probability Scenario	Chase up and kill down outside the1903-1919-1931-1945-1951-1960 range
Intraday Oscillation Range: 1903-1919-1931-1945-1951-1960Overall Oscillation Range: 1730-1756-1780-1801-1817-1833-1856-1873-1892-1903-1919-1931-1945-1951-1960-1977-1985-1998-2007-2016-2033-2046-2057-2066-2077-2089-2097-2100In the subsequent period of spot gold, 1903-1919-1931-1945-1951-1960can 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 September   5. This policy is a daytime policy. Please pay attention to the policy   release time.

·Silver XAGUSD·
High Probability Scenario	High throw and low suction in the21.5-22.3-23.1-23.9-24.5-25.3 range
Low Probability Scenario	Chase up and kill down outside the 21.5-22.3-23.1-23.9-24.5-25.3 range
Intraday Oscillation Range: 21.5-22.3-23.1-23.9-24.5-25.3Overall Oscillation Range: 19.7-20.1-20.6-21.5-22.3-23.1-23.9-24.5-25.3-26.1-26.6-27.3In the subsequent period of spot silver, 21.5-22.3-23.1-23.9-24.5-25.3 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 15:00 on   September 5. This policy is a daytime policy. Please pay attention to the   policy release time.

·Crude Oil USOUSD·
High Probability Scenario	High throw and low suction in the79.9-80.7-82.3-83.5-85.3-87.3-89.1 range
Low Probability Scenario	Chase up and kill down outside the79.9-80.7-82.3-83.5-85.3-87.3-89.1 range
Intraday Oscillation Range: 79.9-80.7-82.3-83.5-85.3-87.3-89.1Overall Oscillation Range:62.1-63.7-64.5-65.8-66.9-67.3-68.9-70.1-71.2-72.3-73.1-73.8-75.1-77.9-78.5-79.9-80.7-82.3-83.5-85.3-87.3-89.1-90.7In the subsequent period of crude oil, 79.9-80.7-82.3-83.5-85.3-87.3-89.1 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 September   5. This policy is a daytime policy. Please pay attention to the policy   release time.

·EURUSD·
High Probability Scenario	High throw and low suction in the1.0570-1.0690-1.0755-1.0830-1.0950 range
Low Probability Scenario	Chase up and kill down outside the1.0570-1.0690-1.0755-1.0830-1.0950 range
Intraday Oscillation Range: 1.0570-1.0690-1.0755-1.0830-1.0950Overall Oscillation Range: 1.0290-1.0360-1.0460-1.0570-1.0690-1.0755-1.0830-1.0950-1.1157-1.1220-1.1303-1.13340In 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 September   5. This policy is a daytime policy. Please pay attention to the policy   release time.

·GBPUSD·
High Probability Scenario	High throw and low suction in the 1.2250-1.2400-1.2470-1.25460-1.26505-1.27000 range
Low Probability Scenario	Chase up and kill down outside the 1.2250-1.2400-1.2470-1.25460-1.26505-1.27000 range
Intraday Oscillation Range: 1.2250-1.2400-1.2470-1.25460-1.26505-1.27000Overall Oscillation Range: 1.1610-1.1830-1.1920-1.2030-1.2135-1.2250-1.2400-1.2470-1.25460-1.26505-1.27000-1.28200-1.29300-1.30000-1.30600-1.31000-1.31660-132000In the subsequent period of GBPUSD, 1.2250-1.2400-1.2470-1.25460-1.26505-1.27000 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 September   5. This policy is a daytime policy. Please pay attention to the policy   release time.