763 gold and silver skyrocketed, super long white line, a new high!
In this way, the GBP/USD pair began to rise sharply, but when it reached the level of 1.6745, the rally began to be suppressed, as Chen Hui's traders increased the number of lots to close their positions.
In this way, USD/GBP began to fluctuate in the range of 30 points from 1.6730 to 16.760.
And the traders of the hedge fund took advantage of this opportunity to close a total of 1.7 million long positions when the GBP/USD pair was suspended at 1.6740!
There are still 3.3 million long positions left to be closed!
Chen Hui also stretched his body, went to the bathroom with tiredness to take a shower, sobered up, and 10 minutes later, Chen Hui wrapped a bath towel out of the bathroom, he planned to look at the trend chart of spot gold and spot silver.
Now that the bull market of spot gold and spot silver has opened, although there is no need to pay attention to it every day, Chen Hui still can't help but want to take a look.
So Chen Hui opened the trend chart of spot gold,
The daily candlestick of spot gold is a long long white candle!
Today, spot gold skyrocketed from the position to the above position, a total of 180 points!
Chen Hui's hedge fund holds a long position of 4 million lots of spot gold, with an average position of opening a position, and the profit and loss of one point is 40 million US dollars, and the current spot gold is in a profit of 610 points, a total of 24.4 billion US dollars!
Chen Hui was shocked and carefully reviewed the trend of spot gold today.
Spot gold prices reached a high of USD/oz in the afternoon session of the Asian market today, which is also the highest price since November 8 last year.
Spot gold also broke above the 200-day moving average of important technical resistance for the first time since February 2013.
This price is the highest close of the main contract since October 31 last year.
When Chen Hui reviewed again, he couldn't help sighing: "Spot gold has risen for 7 consecutive trading days!!"
Moreover, data released by the U.S. Department of Labor showed that the monthly rate of retail sales in the United States unexpectedly fell in January, and at the same time, the number of initial jobless claims increased by 08,000 to 339,000 in the week of February 8, higher than the expected 330,000, further indicating that the road to recovery in the U.S. job market is still uneven.
The previous U.S. economic data was also extremely different!
Chen Hui couldn't help but think: "These economic data further indicate that the US economic growth is sluggish this year, which will give a boost to gold prices." ”
"No wonder the price of spot gold has rushed to the position!"
At this time, Chen Hui checked the work report of Liu Nengguang, the person in charge of the operation of spot gold!
"Caesar, the current price of gold futures in New York is above the spot gold price of $1,310 an ounce, which is a positive sign for gold prices, and for many investors, the current spot gold price is quite attractive," Liu said. Spot gold demand from the world's largest gold ETF (exchange-traded fund) inflows increased this week, with the fund's gold holdings as of Thursday up about 3.2% compared to last Friday, the data showed.
In addition, the deepening of the emerging market chaos in January led to increased risk aversion among investors, creating safe haven demand for gold, and falling US bond yields also supported gold prices.
Now that gold has broken above the 100-day rolling average near the US dollar per ounce, it will oscillate near the 200-day rolling average of the US dollar
A close above this moving average is very important to maintain its short-term uptrend.
I think the price of gold will continue to rise for a period of time in the future!"
"Caesar, I suggest that the long position of 4 million lots of spot gold be held for more than a month!"
Chen Hui looked at Liu Nengguang's last postscript, explaining that Liu Nengguang was still good, and put forward his own unique opinion!, Chen Hui immediately replied to Liu Nengguang's email and agreed.
At this moment, in a hidden large trading room in Singapore, Liu Nengguang looked excitedly at the email replied by Chen Hui, but he didn't expect it to be adopted!
It's just two simple words: "Adopt!"
He was sincerely happy in his heart! The whole person was extremely excited, and said to everyone who were preparing to get off the night shift: "We'll go to breakfast together!"
"It's Saturday morning, tomorrow is Sunday, it's not open, everyone gathers together!"
"Have fun!"
Everyone is extremely excited at the moment, because spot gold has skyrocketed by 180 points today!
Seven days in a row!
They have been working hard for so many days and often have insomnia, and today they finally saw the scene they were looking forward to!
The average long position of the 4 million spot gold they established was far lower than the current price, and it was completely safe.
In the future, no matter how naughty the trend of spot gold is, they no longer have to be frightened.
Everyone cheered with joy!
"Good!!"
"Oh!!"
"It's finally time to relax!"
"This weekend is finally time to have fun!"
At this time, Chen Hui looked at the trend chart of spot silver again, and was even more stunned.
This is a super long white candle, compared to spot gold, spot silver rose more violently!
Spot silver skyrocketed from 20.47 to 21.48, a full 100 points!
Today, Chen Hui's hedge fund currently holds a total of 2 million long orders of spot silver, with an average position of 19.60! A fluctuation of one point is a profit and loss of $100 million!
Today alone has increased profits by $10 billion!
That's a profit of 188 pips, or $18.8 billion! .
"This spot silver is too fierce!"
"You can let Lin Bo and them gradually start to close their positions!"
"After a round of super skyrocketing, it will still rise for a while!"
"After all, when driving at high speed, even if there is no gas, you still have to rush forward for a while!"
"Today's spot silver has skyrocketed by so many points, I don't know how many guys have liquidated, stopped losses, and been liquidated!"
"How can it be finished today!"
"The market is full of buying orders, and even if they close their positions, there are no selling orders to accept their closing orders!"
"You don't have to earn the next copper plate!"
At this time, Chen Hui also checked the work report of Lin Bo, the person in charge of the operation of spot silver, and replied directly to the email, asking Lin Bo to slowly close all the 2 million long positions of spot silver from tomorrow!
Chen Hui doesn't plan to hold spot silver all the time, after all, his plate is small, and it can't be compared with spot gold!
If the long position of 2 million lots of spot silver is not flattened in the bull market in time, then at the end of the bull market, as soon as the position is closed, spot silver will undoubtedly plummet.
After all this was done, it was already 5 o'clock in the morning, Chen Hui walked into the bedroom and began to rest.
Now that he is so sleepy, he estimates that he will sleep until the afternoon!