1039 with a light press, 5 minutes plummeted 90 points!
At this moment, Chen Hui's hedge fund, Liu Nengguang is in charge of the trading room, Liu Nengguang looked at the trend chart of spot gold, frowned slightly, as a long-term big short of spot gold, the trend of spot gold at this moment, a bit like a skyrocketing momentum!
He couldn't help but be a little worried, although they made a profit of nearly 300 points, but if spot gold skyrocketed by hundreds of points, then the profits in their accounts would lose a lot!
Now Liu Nengguang's trading team is currently using 49.2 billion US dollars of account funds to short spot gold, and now has established 6 million short positions, with an average position of 1355.0, a fluctuation of one point is 60 million US dollars, and the current spot gold is near 1326.0, with a total of 290 points, a total of 17.4 billion US dollars!
The account equity has reached $66.6 billion!
If spot gold soars by 100 points, it will lose more than $6 billion in profits tonight!
Liu Nengguang is thinking about what he will do if spot gold skyrockets tonight?
Is it to lock up the position, or to smash the market in the opposite direction, continue to increase the position and short, and knock the spot gold down?
At this time, the assistant said: "Manager, if gold skyrockets, do we want to carry out a small-scale lock-up?" After all, their current position is too huge, holding 6 million short positions, and it is difficult to lock 1 million hands, after all, locking 1 million hands is equivalent to 1 million long orders in the market, and when the time comes, hold 600 short orders, 1 million long orders, and the net position is 5 million short orders.
After all, holding a short position of 6 million hands is relative to holding a net short position of 5 million hands, and when spot gold soars, the profit loss is even greater!
And when the spot gold soars to the end, you can sell the 1 million long positions in your hand, and smash and bombard the spot gold!
And then let spot gold plummet!
The assistant himself did a good job, so he brought it up!
Liu Nengguang thought about it, this method seemed to be possible, but he still shook his head and said: "This method is not suitable, we hold 6 million short positions, and it makes little sense to lock up the positions! If we buy 1 million long positions, it will only make spot gold soar more fiercely!"
If they buy 1 million long positions themselves, what about spot gold skyrocketing by 200 points?
Profits may be retraced even more!
At this time, another assistant said, "Manager, why don't we increase our position and short spot gold again, if spot gold soars tonight, we will place an order of 1 million hands above 100 points from now!"
"If spot gold is only up within 50 points, we don't need to bother!"
"If it goes up 60 pips, we'll short 600,000 lots!"
"70 points, we will short 700,000 lots!"
····
"Until the top of 100 points!"
"When the time comes, we will smash the market at 1335.0!"
"Smash the spot gold back into its original shape!"
"Let the market panic!"
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Liu Nengguang thought for a while and said, "Then place an order of 1 million short orders at the 1335.0 position!"
The assistants said, "Yes!"
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At this moment, Temasek Building, Chen Hui looked at the trend chart of spot gold, and smiled slightly, this time he didn't choose to smash the market, he had to wait!
Wait until the moment when the US economic data is about to come out!
He'll smash the plate in advance!
Immediately, Chen Hui began to prepare!
After a while, Chen Hui's index finger was placed on the mouse, and as long as he pressed it lightly, the short order of 500,000 lots of spot gold would instantly smash the market!
Time passed second by second!
Spot gold fluctuates quickly and is heavily traded. It has been in the range of 10 points from 1325.5 to 1326.5, and it is shaking wildly!
Up and down!
It stimulates the nerves of both long and short sides all the time!
··
At this moment, Zhang Lei stared nervously at the plate, with deep expectation in his eyes!
At the headquarters of Zhongxin Gold Group, Ling Xiaoyun stared nervously at the 5-minute trend chart of spot gold, and she was looking forward to the skyrocketing price of spot gold!
··
When the time reached 8:29 minutes, spot gold had just fallen, just at the 1326.0 position, Chen Hui panicked his neck and pressed the mouse!
A short order of 500,000 lots of spot gold instantly poured into the market, sweeping away all buying orders at the 1326.0 level!
Spot gold accelerates!
It fell 20 points in an instant, from 1326.0 to 1324.0!
At this moment, Zhang Lei looked at the plate with a shocked face, and his head was blank!
At the headquarters of Zhongxin Gold Group, Ling Xiaoyun looked at the spot gold in a daze!
She didn't even have time to think!
··
However, the decline of spot gold is not over, and it continued to fall by 5 points, falling to 1323.5, and at this time the US economic data was also released!
U.S. PPI for March
Prior:0.2%
Forecast: 0.1%
Declared value: 0.5%
The Producer Price Index (PPI), which is mainly used to measure the price changes of various commodities at different stages of production, is usually used as an important indicator to observe the level of inflation, just like the Consumer Price Index (CPI). As a leading indicator of consumer inflation, higher cost inflation is passed on to consumers when producers charge more for products and services.
The data is greatly positive for the US dollar, and bearish for spot gold!!!
Spot gold suddenly had an inhumane plunge!
In an instant, it fell by 65 points again!
From the 1323.5 position, it directly fell below the 1320.0 position, and fell to the 1317.0 position before braking the car!!
Then it frantically shook up at 1317.0, first rebounded and rose, but soon fell again!
Repeatedly!
··
In just 5 minutes, spot gold actually fell by 90 points!!!
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Chen Hui looked at this scene and smiled coldly, he had started smashing the market before the release of the U.S. economic data, which accelerated the collapse of spot gold!
As a result, many bulls have suffered heavy losses on their books!
At this moment, Chen Hui's 500,000 short orders are also completed on the way, and he currently holds a total of 1.5 million short orders of spot gold, with an average position of 1325.0, and a fluctuation of one point is a profit and loss of $15 million, and a total of 80 points of profit is currently in total, with a total floating profit of $1.2 billion!
At this moment, Chen Hui's hedge fund, Liu Nengguang and others watched the plunge of spot gold with joy on their faces!!
"Haha, cool !!"
"Cool!!"
"Haha!!"
I thought that spot gold had skyrocketed, and then they smashed it at a high level!
Unexpectedly, spot gold plummeted by 90 points!
Now their trading team holds a short position of 6 million lots of spot gold, with an average position of 1355.0, and a fluctuation of one point is $60 million, and the current spot gold is near 1317.0, with a total of 380 points, totaling $22.8 billion!
The account equity is already as high as $72 billion!
Earned $5.4 billion in just 5 minutes!