At this moment, the Jiangdao branch of Gaosheng Bank, Li Zetai watched the spot gold rush to the 1210.0 position!

Keep reaching new highs!

He found that he had no chance to enter the arena anymore!

I was very angry!

After thinking about it, he felt that he could blow up the bears in the market!

So he started buying at 1210.0!

Buy 10,000 lots at once!

Under his buying, spot gold began a new round of rise!

The short-term bears in the market have stopped their losses and left the market, further triggering the rise of spot gold!

After 20 minutes, spot gold rose 80 points, rushing from the 1210.0 position to the 1218.0 position!

Li Zetai also bought 500,000 hands, with an average position at 1214.0, a fluctuation of one point is a profit and loss of $5 million, and there is currently a floating profit of 40 points, with a total floating profit of $200 million!

"Phew, the bears in the market today are completely defeated, and there is no power to fight back!"

Looking at the time, it was already late, and Li Zetai immediately left the trading room.

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At this moment, Greenwood Asset Management Company, Huang Chengkang looked at the trend chart of spot gold with fear on his face!

The clothes on my back are soaked!

Spot gold is crazy tonight!

I thought that spot gold would be suppressed when it rushed to the 1210.0 position, but I didn't expect spot gold to rise further!

Tonight's bulls are overwhelming!

The empty head is defeated!

Spot gold has risen to 1218.0, and they hold a short position of 1 million lots of spot gold in their account, with a floating loss of 140 points, a total floating loss of 1.4 billion US dollars!

There are still $1.1 billion of available funds left in the account, and if the spot gold rises by another 110 points, their account will be liquidated!

Huang Chengkang was full of remorse and extreme anger in his heart!

One of the traders looked panicked and said, "President, what should we do now?"

Spot gold is really terrifying tonight, and it has skyrocketed so many points in a U-turn!

Other traders also looked at Huang Chengkang.

Now they have a lot of money in their accounts!

Do you want to liquidate?

Huang Chengkang was entangled, contradicted for a while, and said ruthlessly: "There is resistance near the 1220.0 position, see if spot gold breaks through the 1220.0 position!"

Now he can only hope that there is strong resistance at the 1220.0 level to let spot gold fall!

This is also his only hope, if spot gold breaks through the 1220.0 position again, the result is unimaginable!

Are they going to blow up this time?

No, no, it won't!

Huang Chengkang has found countless reasons for himself!

Time flies, spot gold does not rush above the 1220.0 position, but only moves in the range of 30 points from 1215.0 to 1218.0!

This made Huang Chengkang also ignite a lot of hope!

However, at the time of closing, spot gold rushed to the 1218.0 position, which made Huang Chengkang despair again!

This night, he didn't sleep, it's more than 4 o'clock in the morning, he has to lean on the boss's chair to close his eyes and recuperate, waiting for the Asian market to open!

Time passed slowly, and the next day, June 10, Thursday, after the opening of the Asian market, spot gold began to fall slowly!

Four hours later, spot gold fell 40 points, from 1218.0 to 1214.0!

Huang Chengkang looked at this scene, and the big stone in his heart fell a lot!

Now they still have a floating loss of 100 points in their account, a total of $1 billion!

Spot gold has also become weak, which makes him see a lot of hope in his heart!

"Keep an eye on the plate, what's the situation, wake me up!" After speaking, Huang Chengkang closed his eyes, leaned on the boss's chair, and began to sleep.

···

At this moment, Gaosheng Bank Jiangdao Branch, Li Zetai watched the spot gold fall back to the 1214.0 position, and the profit in the account was gone, and he was suddenly a little angry, and the current spot gold is still quite weak, and it may continue to fall at any time, so he began to slowly build a position, buying 1000 hands at a time!

Two hours later, he bought a total of 500,000 lots!

As a result, spot gold has slowly risen by 40 points!

Rise from 1214.0 to 1218.0!

Now he already holds a long position of 1 million lots of spot gold in his account, with an average position of 1216.0, a fluctuation of one point is a profit and loss of 10 million US dollars, and now there is a floating profit of 20 points, a total floating profit of 200 million US dollars!

After looking at the time, it was already meal, so he got up and went to the restaurant for lunch.

At this moment, Repulse Bay Holland Road, Lin Haocang got up slowly, and after lunch, he came to the Sky Capital Center by helicopter!

When I opened the spot gold chart, I was very happy!

At present, spot gold is at the 1218.0 position, and may break through to above the 1220.0 position at any time, at present, he holds a long position of 800,000 hands of spot gold in his account, with an average position at 1200.0, and a fluctuation of one point is a profit and loss of $8 million, and the current floating profit is 180 points, with a total floating profit of $1.44 billion!

1.44 billion US dollars, according to the exchange rate, it is also more than 10 billion!

Lin Haocang poured himself a cup of top-grade Longjing tea and drank it slowly.

Time flies by, and it slowly arrives at the opening of the European market!

At this time, spot gold fluctuations are becoming more and more violent!

Suddenly, there was a big breaking news in the market!

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On the occasion of the Greek crisis subsided a little, Hungary had another storm!

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Hungary could have a Greek debt-style crisis. The already devastated euro has been hit again

·

At this moment, the financial risk aversion is extremely high!

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EUR/USD hit another more than four-year low, falling below the 1.2000 mark.

Michael Lewis, head of commodity market research at Deutsche Bank, said gold will hit $1,700 an ounce next year, partly due to strong demand from Asian central banks, citing the increasing increase in ETF holdings as one of the main reasons for the gold price.

"For Western countries, deflation is a greater threat in the short term, while inflation is a possible risk in the longer term," Deutsche Bank noted in a report. “

Frank McGhee, head of integrated brokerage services, said: "In a deflationary economy, gold will fall less than other assets. He also believes that when all currencies fall, gold becomes a "savior".

Pradeep Unni, a senior analyst and trader at Richcomm Global Services in Dubai, said that given the market's concerns about the eurozone debt crisis, there are still problems!

Founder James Turk said, "In Europe, anyone who knows why the euro is depreciating will seek gold's safe-haven function, so the demand for physical gold from Europe is particularly strong. “

···

Hungarian Spokesperson: The rhetoric that Hungary is facing a sovereign debt crisis similar to Greece's is facing a sovereign debt crisis similar to Greece's, and some crisis management measures will be required, which may include not receiving assistance from the International Monetary Fund (IMF). ”

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The financial markets are full of panic news, triggering risk aversion!

Lin Haocang's whole person was excited!

This is absolutely bullish spot gold!

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