At this moment, Jiangdao Gaosheng Bank, Li Zetai had just had dinner, and when he came back to watch this scene, he was a little angry in his heart, but he didn't expect spot gold to fall by 50 points during his dinner!

All the profits in his account are now gone.

"Damn!"

"I'm here to see, can you still fall below the 1250.0 position?"

Last Thursday, last Friday, spot gold rose sharply for two consecutive days, which can be described as a strong chart.

I'm sure I'm going to go back tonight!

He is very much looking forward to the upcoming release of two important economic data from the United States!

If the economic data is still poor, spot gold will definitely return to above the 1265.0 position!

Time flies, spot gold has been oscillating around the 1250.0 position, and at 8 o'clock in the evening, the American disk opens!

The volatility of spot gold is getting faster and faster, and the trading volume is also expanding!

Li Zetai is very nervous and looking forward to it!

Suddenly, spot gold began to rise, rising 30 points in just 3 minutes, from 1250.0 to 1253.0!

Now he holds a long position of 1 million lots of spot gold in his account, and he is currently floating by 30 points, with a total floating profit of 300 million US dollars!

Shortly after the opening of the American market, spot gold finally began to rise.

"Good!"

"Give labor and management continue to rise!"

However, 15 minutes later, spot gold fell another 30 pips, from 1253.0 to 1250.0.

The profit in the account was gone again, which made Li Zetai's face a little gloomy!

"Give labor and management a rise again!"

He couldn't help but clench his hands, his eyes fixed on the trend chart of spot gold.

Although spot gold was supported again at 1250.0, it did not rise!

As the clock ticked by, the bulls and bears exchanged fierce fire near the 1250.0 position.

Finally reached half-past eight!

The United States has released an important economic data!

The monthly rate of personal spending in July

Previous:0.1%

Forecast: 0.1%

Declared value: 0.2%

Personal consumption expenditures are used to measure changes in the total amount of money consumers spend on consumer goods and services. Since consumption is now the largest part of the country's GDP, personal spending is a key indicator of economic growth. It is also related to consumer confidence. A higher than expected reading should be taken as positive, bullish for the dollar, while a lower than expected reading should be taken as weak, bearish.

This economic data greatly bullish the dollar, the dollar index rose sharply, and the dollar currency pair strengthened across the board.

And the big bearish gold and silver!

Spot gold is starting to plummet!

It fell below the 1250.0 level in an instant.

The defense line formed by the bulls near the 1250.0 level has completely collapsed.

Spot gold fell 120 points in 15 minutes, from 1250.0 to 1238.0.

The 15-minute chart is a super long black candlestick!

Li Zetai looked at this scene blankly, and the whole person's head seemed to have been hit hard, and he temporarily lost his ability to react!

After a few seconds, his face changed drastically, a large number of beads of sweat appeared on his forehead, and cold sweat began to break out on his back!

The corners of his mouth muttered, "How is this possible?"

"Damn!"

"Cao!!"

Now he has a long position of 1 million lots of spot gold in his account, and he has lost 120 points, for a total of $1.2 billion.

This is simply infuriating him. The lungs are very uncomfortable.

Now that spot gold is so weak and the market is full of selling orders, he can't close his position, and he doesn't want to admit defeat like this.

Keep up the fight!

Anyway, I made $2.5 billion some time ago, and losing some this time is nothing.

Li Zetai looked at the trend chart of spot gold fiercely.

···

At this moment, in the Sky Capital Center, Lin Haocang watched the spot gold plummet by 120 points, and drank the coffee happily in his heart.

Now he holds a short position of 1 million lots of spot gold in his account, and now he has a floating profit of 220 points, a total floating profit of 2.2 billion US dollars!

The net account value has broken through the $20 billion mark, and it has reached $20.2 billion!

"The bulls have completely collapsed tonight!"

"I don't know how much spot gold will fall tonight!"

Looking at the empty coffee cup, Lin Haocang got up and poured another cup of coffee!

··

At this moment, in the retail trading hall of Yingda Bank, Fenghui Bank and Hengsheng Bank, the retail investors are full of pain and sorrow!

I never thought that spot gold would continue to plummet, and it fell to 1238.0, which is a terrible thing.

Everyone's account is full of losses, and many people have liquidated.

"Alas, yes, spot gold has plummeted so many points again, and the labor-management account has been blown up"

"Alas, mine too, my account was liquidated just now, and I should have stopped my losses a long time ago."

"Damn, labor and management are now floating in their accounts with a loss of $150,000."

"I'm losing $400,000"

·“ I shouldn't have listened to slander."

"Yes, I shouldn't have listened to Lao Liu's words before, saying that the economic data of the United States will be very poor at night, which will cause the spot gold to skyrocket, and now it is good, the economic data of the United States is very good, and the spot gold has fallen into Xiang"

"Alas, it's all to blame Lao Liu."

"Hey, where is Lao Liu?"

"I guess it's liquidated, I heard him say that he was long 200 lots of spot gold, and he only lost $200,000."

At this moment, Lao Liu left the retail trading floor in a gloomy manner, his account was liquidated, and he lost $220,000, his heart hurt to death, and he had no face to face everyone's questions.

··

At this moment, Liu Jianhui watched the spot gold plummet to 1238.0, and his face was very dignified!

He was long spot gold two weeks ago, and currently holds a long position of 1 million lots of spot gold in his account, with an average position at 1230.0, and a fluctuation of one point is a profit and loss of $10 million, and there is currently a floating profit of 80 points, with a total floating profit of $800 million.

He was very remorseful, why didn't he close the position this morning!

You must know that the spot gold rushed to the 1265.0 position at that time, and his account was floating at that time with a floating profit of 350 points, a total of 3.5 billion US dollars, and he wanted to wait until the floating profit of 4 billion US dollars to close the position, never expected that the spot gold European disk opened not long after, it turned around and fell, and then it has been falling, falling, falling, falling to the current 1238.0 position, and the profit in his account is really a heavy loss.

"Alas, it's really unbelievable to be too greedy"

"If you close your position early, you can make at least 3 billion"

"It's good now, it's hard to make 300 million"

Now spot gold is very weak, he is not easy to close the position, once he closes the position, spot gold will inevitably plummet further.

Time passed slowly, and by nine o'clock, spot gold had risen 20 points, from 1238.0 to 1240.0, and had gained a firm foothold at 1240.0.

At present, there are 100 points floating in the account, with a total floating profit of 1 billion US dollars, which makes Liu Jianhui feel much better.

Time passed slowly, and at half past nine, the United States once again released an important economic data.

The core PCE price index for July in the United States is the monthly rate

Previous: 0%

Published value: 0.1%

Forecast: 0.2%

The core PCE price index is a key indicator of consumer inflation, which was first launched by the Bureau of Economic Analysis of the Ministry of Commerce and adopted by the Federal Open Market Committee (FOMC), the decision-making body of the Federal Reserve, as a major indicator of inflation. Last year, the Federal Reserve set a 2% annual increase in core PCE as its long-term inflation target, announcing that the Fed also has a clear inflation target. If the core PCE rises by more than 2% y/y, the Fed will tighten monetary policy, which is positive for the dollar.

This data is once again good for the US dollar and bearish for spot gold!

This made the already fragile spot gold fall again!

It fell by 50 points in 10 minutes, from 1240.0 to 1235.0!

Spot gold has hit a new low again!

Seeing that there were still 50 points floating in the account, a total floating profit of 500 million US dollars, Liu Jianhui gritted his teeth.

"I can't take it anymore!"

Immediately, Liu Jianhui began to close the position!

Under his liquidation, spot gold began a new round of sharp decline!

After 20 minutes, spot gold fell by a total of 100 points!

Drop from 1235.0 to 1225.0!

This time, the long position of 1 million lots of spot gold in his account was closed at 1231.0 on average, earning 10 points, and a total of 100 million US dollars!

"Huhu, 100 million dollars is fine, at least this time it's profitable"

Last time on USD/CAD, he was too greedy and caused his account to go from a floating profit of $3.5 billion to not making a penny, and this time he learned to be obedient!

Seeing that spot gold was temporarily supported at the 1225.0 position, he shook his head and left the office!

···

At this moment, in the Sky Capital Center, Lin Haocang watched spot gold plummet so many points, and he was extremely happy!

Unexpectedly, after the United States announced an economic data just now, spot gold had a new round of plunge, and it fell to 1225.0!

Apparently it was caused by the liquidation of most positions in the market!

Now he has a short position of 1 million lots of spot gold in his account, with a floating profit of 350 points, for a total floating profit of $3.5 billion.

The account equity is as high as $21.5 billion.

Lin Haocang drank the coffee in his hand again, and then went to pour a cup of boiled water.

··

At this moment, Jiangdao Gaosheng Bank, Li Zetai looked at this scene in horror!

Spot gold plummeted by 150 points just now!

All fell to the 1225.0 level.

He holds a long position of 1 million lots of spot gold in his account, with an average opening position of 1250.0, and now has a floating loss of 250 points, a total floating loss of 2.5 billion US dollars.

Last time he made $2.5 billion on USD/CAD, but he didn't expect to make a big deal this time.

If you want to close the position, you may lose $3 billion.

Thinking of this, Li Zetai was extremely angry in his heart, his eyes were a little red, his hands were clenched tightly, and his nails were about to sink into the flesh.

"Damn, this damn spot gold"

"Labor is so stupid"

"Alas, why is the economic data of this rice country so good tonight, labor curses your economy to collapse"

"Oh yes, labor and management hate it, hate it"

He wanted to close the position, but he couldn't do it, and if he closed the position now, it would be equivalent to cutting off a piece of meat on his body himself.

Time passed slowly, and spot gold has been oscillating around the 1225.0 level.

At 11 o'clock in the evening, the United States released an economic data again,

Dallas Fed Business Activity Index for July

Previous: 3.2

Predicted value: 3.2

Published values: 4

A reading above 0 indicates that the sector is expanding, and vice versa, it means a recession. Sub-data include: capacity utilization, new orders, raw material prices paid, shipments, manufactured goods prices, employment index. The region's exports of manufactured goods are mainly concentrated in energy production and electronics. The region's manufacturing exports account for a large share of the country's manufacturing exports. The manufacturing industry is the leading industry of the United States economy, which can reflect the trend of the United States economy to a certain extent.

This economic data is once again good for the US dollar and bearish for spot gold!

This is another heavy blow to the already worse spot gold!

Fifteen minutes later, spot gold plummeted 80 points, from 1225.0 to 1217.0!

···

At this moment, Lin Haocang looked at this scene and showed a satisfied smile, at present, he holds a long position of 1 million lots of spot gold in his account, with a floating profit of 430 points, a total floating profit of 4.3 billion US dollars, and the net value of the account is as high as 22.3 billion US dollars.

"I'm afraid it's going to fall."

"Close the position without hurry"

So he drank all the boiled water from his cup.

··

At this moment, at the Jiangdao branch of Gaosheng Bank, Li Zetai looked at this scene with fear on his face, and the whole person was frightened.

Spot gold actually fell to the 1217.0 position!

"Hell, yes, yes"

He felt like he was going crazy.

I'm bleeding inside.

There are already 330 points floating in the account, for a total floating loss of $3.3 billion.

"Labor and management don't believe it, where else can you fall!"

After 5 minutes, spot gold fell another 20 points to 1215.0!

Li Zetai couldn't hold back anymore!

He closed the position like crazy!

Spot gold began a new round of sharp decline because of his liquidation.

20 minutes later, spot gold fell to the 1205.0 level!

The 1 million long orders in his account were closed at an average of 1210.0, with a total loss of 400 points and a loss of $4 billion.

Li Zetai looked at the ceiling with empty eyes, motionless, and his expression was extremely numb!

··

Today, spot gold plummeted from the highest position of 1265.0 to the current position of 1205.0, a full 600 points!

Shocked the world!

"Spot gold plummeted by 600 points!"

"Today is a massacre!"

"The economic data of the United States is super good, the dollar index has skyrocketed, spot gold and spot silver have experienced a serious surge, and countless bulls have liquidated their positions during this period."

"The economic data released by the United States tonight are all bearish for gold and silver, causing spot gold to plummet all the way in the evening!"

"Spot gold is down as much as 4.7% today!"

"Spot gold trading volume hits a three-month high!"

"Today the bulls collapsed!"

····

At this moment, Lin Haocang watched the spot gold plummet to 1205.0, and immediately closed all the short orders in the account!

Spot gold soared by 120 points under Lin Haocang's liquidation, from 1205.0 to 1217.0!

The 1 million short orders in Lin Haocang's account were closed at an average position of 1211.0, earning 490 points and earning a total of $4.9 billion!

The account equity is as high as $22.9 billion!