1101 Standard Chartered Investment Bank entered the market, and it is another big black line!

At this moment, in the headquarters of Zhongxin Gold Group, in the chairman's office, Ling Xiaoyun looked at the trend chart of spot gold expectantly.

The tension on his face is gradually disappearing!

Now spot gold has rushed to the 1307.0 position and has stood firm, which makes her very relieved!

"It seems that spot gold is really starting to rebound tonight!"

"The bears in the market seem to be backing down at the moment!"

"After all, spot gold has been falling all the way for so long, and now it has fallen so many points, it's time for a big rebound, right?"

"Now there are many investors like Cai Xinying in the market who enter the market to buy spot gold!"

"It's great, maybe the bears may start to retreat tonight, and then spot gold will go up sharply!"

Ling Xiaoyun continued to ignite hope in her heart!

At this moment, she holds a long position of 800,000 lots of spot gold in her account, with an average position of 1350.0, and a fluctuation of one point is a profit and loss of $8 million, and now she has a floating loss of 430 points, with a total floating loss of $3.44 billion!

Previously, when spot gold was at the 1305.0 position, she had a floating loss of $3.6 billion in her account, and now she has reduced her floating loss by $160 million!

"Spot gold must rise sharply tonight!"

Thinking of this, Ling Xiaoyun couldn't help but clench her fists and stare at the plate tightly!

I look forward to the floating loss in my account continuing to decrease!

···

At this moment, Chen Hui's hedge fund, Liu Nengguang's trading team, Liu Nengguang watched the spot gold rush to the top of the 1307.0 position, and after a while, he asked the assistant beside him: "We are long the long position of spot gold today?"

Although they now operate an account with a short position of 6 million lots of spot gold, today Liu Nengguang is at the 1305.0 position, allowing traders to buy a long position in spot gold!

He did this for his purpose!

In order to close the long positions of these bought spot gold when the U.S. economic data comes out, and then carry out a crazy suppression of spot gold!

The purpose of his move is to let some off-market bulls enter the market to buy the bottom at the 1305.0 position! Let these off-site bulls mistakenly think that spot gold can not fall!

At that time, as long as he closes all the long orders in his hand, he can hedge many long positions!

The assistant hurriedly said: "Manager, at present, we have quietly bought a long position of 400,000 lots of spot gold!"

"The average position is about 1305.5!"

Now they hold a short position of 6 million lots of spot gold and a long position of 400,000 lots of spot gold at the same time!

In total, the net short position in their account is 5.6 million lots!

After Liu Nengguang heard that he had established a long position of 400,000 hands, he nodded with satisfaction and said, "You can stop opening a long position!"

"When the U.S. economic data comes out, we will directly close the long position of 400,000 lots of spot gold at one time!"

"If the U.S. economic data is bullish for spot gold, we should be able to suppress spot gold by closing the 400,000 long positions!"

"Of course, if the U.S. economic data is bearish for spot gold, we can close the 400,000 long positions just to accelerate the sharp fall of spot gold!"

The assistant immediately said, "Yes, manager!"

Closing 400,000 long positions is equivalent to shorting 400,000 short positions in the market, and he is naturally very clear about this truth, whether the U.S. economic data is good for spot gold or bad for spot gold, they have prepared 400,000 hands of orders to smash the market!

···

In the evening, the rally in spot gold began to be suppressed!

··

At this moment, in the trading department of Standard Chartered Investment Bank, several traders began to frantically short spot gold!

Mo Liang, the deputy manager of the trading department, shouted: "Continue to short!"

"Do a wave of ultra-short-term tonight!"

"Just open a short position of 200,000 lots!"

Previously, they received a notice that they could short spot gold in the ultra-short term!

Immediately, they were excited to kill the spot gold market!

"Aim to open a short position before the US economic data comes out!"

Previously, they were long the British FTSE 100 index and the Nikkei 225 index, and made a total profit of 700 million US dollars!

Not long after the liquidation was completed, they came to the spot gold market to short!

This time they plan to short a short position of 200,000 lots of spot gold in the short term!

Time passed slowly!

Spot gold has been oscillating in the range of 15 points from 1306.0 to 1307.5!

At 8:25, spot gold was suppressed by them to 1306.5, at which time Mo Liang asked: "How many long positions of spot yellow have been established?"

At this time, a trader said: "Manager, just 200,000 short positions!"

"Our average open position is 1306.5!"

Mo Liang immediately said: "Stop opening a position!!"

··

At this moment, Chen Hui's hedge fund, Liu Nengguang's trading team, Liu Nengguang said to his assistant: "Get ready for me!"

"The moment the U.S. economic data came out, close the 400,000 long positions!"

He also very much hopes that the U.S. economic data is bearish for spot gold, so that the smashing effect will be very obvious, and the spot gold will be completely smashed below the 1305.0 position!

Completely deplete the bids at the 1305.0 level!

The assistant hurriedly said, "Yes, manager!" and he quickly ran out of the office and shouted to the traders in the trading room, "Get ready!!"

Everyone said in unison: "Yes!"

···

At this time, the bulls in the market were excited again and nervous!

It's like my heart is hanging in the air!

In the headquarters of Xin Gold Group, in the chairman's office, Ling Xiaoyun is staring at the trend of spot gold!

Shouted inwardly, "Rise up for me!"

"Go up!"

Cai Xinying looked at the trend of spot gold excitedly!

The heart shouted wildly: "Rush!!"

"Rush up for me!"

Three minutes later, spot gold was pulled up 5 points again, from the 1307.0 position!

Cai Xinying's face was excited!

Ling Xiaoyun breathed a sigh of relief!

···

At this time, it was finally half past eight in the evening!

U.S. economic data is out!

U.S. preliminary Markit manufacturing PMI for March

The previous value was 54.4

Predicted value 54

Published value 55

This economic data is bearish for spot gold!

··

Suddenly, spot gold suffered a violent smash!

20 points in seconds!

Drop from 1307.0 to 1305.0!

After more than 10 seconds of oscillation at 1305.0, it continued to fall sharply!

In the next few tens of seconds, spot gold fell directly to the 1302.0 position!

It fell by 50 points in one minute!

Drop from 1307.0 to 1302.0!

Then the crazy convulsions!

Now spot gold has completely fallen below the previous support level of 1305.0!

There is a super long black candlestick in the 1-minute chart!

That's a huge short signal!!

···

All the investors were shocked!

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