Market inventoryOn Tuesday (February 21) in Asian hours, spot gold fell slightly, currently trading around $1,838.20 / ounce, although there were bargain buying and safe-haven buying to support the gold price, but the market worries that the Federal Reserve will raise interest rates to a higher terminal rate, the relative strength of the dollar, the gold price continued to pressure.Us crude oil is volatile and weak, currently trading at around $76.50 / barrel, the expectation of higher terminal interest rates of the Federal Reserve and the expectation of maintaining high interest rates for a longer period of time, which has intensified the market's fears of economic recession, depressing crude oil demand expectations, the relatively strong dollar, also put pressure on oil prices.In addition, Russian seaborne crude shipments have surged ahead of upcoming production cuts by the world's third-largest oil producer. Russian seaborne crude shipments rose to 3.6 million barrels a day in the week to Feb. 17, the highest level in more than a month and up 26 percent from the previous week, data showed. India's crude oil imports from Russia climbed to 1.4 million barrels per day in January, a record high and up 9.2 percent from December. That has added to concerns about oversupply.This trading day will also bring European and American PMI data for February, which is widely expected to be better than January's performance, which may reduce market fears of a global recession, which may weaken the safe-haven demand for gold, which makes gold prices face further downside risks in the short term. However, if the European data is strong, the short-term pullback pressure on the dollar is also relatively large, and if the dollar is launched, it is expected to provide some support for the gold price.In addition, U.S. financial markets are closed on Monday ahead of the Federal Reserve meeting minutes on Wednesday, and a wait-and-see mood is likely to limit trading.The Mohicans Markets strategy is for informational purposes only and is not intended as investment advice. Please read the terms of the statement at the end of this document carefully. The following policy was updated at 15:00 Beijing Time on February 21, 2023.Intraday fluctuation range: 1801-1817-1833-1856-1873Overall large fluctuation range: 1730-1756-1780-1801-1817-1833-1856-1873-1889-1903-1911-1929-1937-1951-1978-1985Spot gold subsequent time period, 1801-1817-1833-1856-1873 as a multi-space water division can be operated, high selling low suction in the interval, outside the interval to chase up and down!Note: The above policy was updated at 15:00 on February 21. Note This policy is a daytime policy. Note the policy release time.Intraday fluctuation range: 20.6-21.5-22.3-23.1Whole big bang interval: 19.7-20.6-21.5-22.3-23.1-23.9-24.5-25.3-26.1Spot silver in the subsequent period, 20.6-21.5-22.3-23.1 as the intra-day multi-space water separation interval can be operated, high sell low suction in the interval, outside the interval to chase up and down!Note: The above policy was updated at 15:00 on February 21. Note This policy is a daytime policy. Note the policy release time.Intraday fluctuation range: 75.1-77.9-78.5-79.9-80.7The big bang interval: 70.1-71.2-72.3-73.1-73.8-75.1-77.9-78.5-79.9-80.7-82.3-83.5-85.3Us crude oil in the subsequent period of 75.1-77.9-78.5-79.9-80.7 as a multi-space water separation interval can be operated, high selling low suction in the interval, outside the interval to chase up and down!Note: The above policy was updated at 15:00 on February 21. Note This policy is a daytime policy. Note the policy release time.Intraday fluctuation range: 1.0570-1.0690-1.0755-1.0830-1.0950Overall large fluctuation range: 1.0290-1.0360-1.0460-1.0570-1.06900-1.0755-1.0830-1.0950-1.1157-1.1220-1.1303European and American currencies against the subsequent time period, 1.0570-1.06900-1.07555-1.0830-1.0950 as the intra-day multi-space water division interval operation, high selling in the interval low suction, outside the interval chase down!Note: The above policy was updated at 15:00 on February 21. Note This policy is a daytime policy. Note the policy release time.Intraday range: 1.1830-1.1920-1.2030-1.2135-1.2250Overall large fluctuation range: 1.1610-1.1830-1.1920-1.2030-1.2135-1.2250-1.2375-1.2400-1.2470-1.2550Pound US currency against the subsequent period, 1.1830-1.1920-1.2030-1.2135-1.2250 as the intra-day multi-space water division can be operated, high sell low suction in the interval, outside the interval to chase up!Note: The above policy was updated at 15:00 on February 21. Note This policy is a daytime policy. Note the policy release time.
Mohicans Markets: European market view

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