1085 Desperate Bulls!
At this moment, Soros Quantum Fund, Ted, who is in charge of precious metal trading, watched this scene with excitement!
"Oh!!!"
"My God!"
Suddenly, Ted's back was in a cold sweat!!
The last thing he wanted to see happened!!
The U.S. economic data is so good!
The spot spot actually fell by 50 points in seconds!!
It fell 57 points in 1 minute!!
"Hiss !!"
His whole body was chilling, and he suddenly shouted loudly to the traders: "As long as the spot gold rebounds, you will close the position for me!!"
“**”
At this moment, they still hold more than 450,000 orders that have not been closed!
He really had the urge to vomit blood in his heart, and he should have fully closed his position when spot gold was above the 1310.0 position, and maybe the buying orders at the 1310.0 position could withstand their sell-off
But now it's okay, the U.S. economic data is so good, causing the bears in the market to take the opportunity to launch a powerful offensive, spot gold directly fell below the 1310.0 position, accompanied by a lot of bulls stop loss, cut positions, cut meat!
Now there are so many selling orders in the market, and spot gold is under huge selling pressure at the 1305.0 position!
Ted really regrets it, now it's not that he doesn't want to close the position, and he doesn't dare to close the position at 1305.0, because once they close the position at 1305.0, it is equivalent to a large number of selling at the 1305.0 position, resulting in a further increase in selling orders at the 1305.0 position, what if the buying orders at the 1305.0 position cannot be supported, and spot gold falls sharply again?
After all, if they close the long order in their hand, they are equivalent to shorting!
Ted is now looking forward to the bears in the market to close their positions, let spot gold rebound and rise, and then they will close their positions again!
Their closing orders are exactly hedged against the closing orders of the short positions!
Several traders also sat in their positions in a daze, watching the sharp fall of spot gold in amazement!
I don't dare to gasp for a while!
Now when he heard Ted's words, he couldn't react in time, but he just glanced at Ted with a puzzled look, as if he wanted Ted to say it again.
Because they didn't hear clearly.
Ted looked at everyone's sluggish looks, and shouted in a deep voice: "As long as spot gold rebounds and rises, you will close my position!" He was afraid that these guys would not hear their words clearly, and then close their positions at 1305.0, then it would be bad!
When the time comes, spot gold will not be able to do well because they will blindly close their positions at the 1305.0 position and fall further, and it will be miserable!
What if these sluggish fools really did it!
All the traders gasped and said in unison, "Yes!"
Some of them really didn't hear it clearly, and they were almost ready to close their positions at 1305.0!
At this moment, the State Bank of Indonesia, Gatotrihago opened his mouth, and watched in horror as spot gold fell by 50 points in seconds, and the 1-minute chart was a long long black candle!!
In the 1-minute chart, this long long black candlestick has broken through the big screen!
Gatotrihago's forehead, the cold sweat on his back instantly appeared!
His face became redder and redder, as if he was in a hot desert, scorched by the hot sun
Watching spot gold frantically oscillating above the 1305.0 position, Gatotrihago gritted his teeth and scolded: "Damn the American economic data !!"
"Hate!!" he clenched his fists tightly, and his fingernails were about to sink into the flesh of his palms!
He never imagined that the economic data of the United States would be so good!
I watched spot gold instantly fall below the key support level of 1310.0 and fell to 1305.0!
It's a new low again!
And they don't have anything to do about it!
We can only wait for the judgment of fate!
"Damn!!"
"Why is this happening!!"
"Alas, this damn night!"
"Why the more I worry about something, the more it comes!!"
Previously, he was very worried that the U.S. economic data was bearish on spot gold, causing the bears to launch a wave of big offensives, causing spot gold to plummet!
I didn't expect it to happen, spot gold just fell by 50 points, and their instant loss increased by $1 billion!!
Thinking of this, Gatotrihago began to despair in his heart!
"Are we going to blow up?"
He's bleeding inside!
He regretted adding to his position!
I regret going to the bottom!!
Now he may have copied a fake bottom!!
The assistant on the side also looked at this scene dumbfounded, and asked with trembling bodies: "Manager, what should we do now?"
Now they hold 2 million long orders, with an average position at 1332.0, and a fluctuation of one point is a profit and loss of $20 million, and they are currently floating at a loss of 270 points, with a total floating loss of $5.4 billion!
Just thinking about it makes him feel terrified!
I don't know what to do!
Continue to increase the position and go to protect the disk?
Still continue to resist and wait for the transfer
The other traders also looked at the trend chart of spot gold with a shocked face, and their expressions were full of incredulity!
At this time, Gatotrihago took a deep breath, his brows furrowed tightly, sighed, looked sad, and said in despair: "Keep resisting!"
The principal of their operation this time is 10 billion US dollars, and this time they opened a long position of 2 million lots of spot gold, which cost a total of 2 billion US dollars, and now there are 2.6 billion US dollars left in the available funds in the account!
If spot gold falls by 130 points, they will blow up!
But Gatotrihago will not close the position, and now it has come to this point. It's not a matter of choice anymore, it's a question of PUBG!
Before he used $6 billion to operate, he achieved $10 billion, and made a full $4 billion, but he didn't expect to collapse in the spot gold market this time!
Now with a floating loss of $5.4 billion, his heart is really unwilling!
At this moment, several of Zhang Lei's assistants looked at this scene with terrified faces!!
The most tragic thing happened, the US economic data is so good!
Their luck is too bad!
Spot gold fell below the key support level of 1310.0 in just one minute and fell to the 1305 position!
Their losses have increased by $2.5 billion!
"What to do ???"
"Alas, continue to fight??"
"I also know that I will continue to resist!"
"Can't you still increase your position??"
"Do we have a choice now?"
"What else can I do!!"
"Alas, hateful !!"
At the moment, they hold a total of 5 million long positions, with an average position of 1335.0, a fluctuation of one point is $50 million, and now they are losing 300 points, with a total floating loss of $15 billion!
There is no choice left!
Closing a position??That's absolutely not going to work!
It's just to make them die faster!
There is still a glimmer of life in carrying it on!