1103 copy the bottom in the middle of the mountain, the carnival of the bears!
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At this moment, in Temasek Building, in the chairman's office, Chen Hui watched spot gold plummet from 1307.0 to 1302.0, and his face was slightly excited.
Previously, spot gold fell 20 points in seconds after the release of economic data in the United States, from the 1307.0 position to the 1305.0 position, and then consumed the buying orders at the 1305.0 position in ten seconds, and the spot gold fell further, falling to the 1302.0 position!
Completely fell below the support level of 1305.0!
Gone are the moments!
"Now that spot gold has fallen directly below the key support level of 1305.0, the bulls who bought the bottom at the 1305.0 position are going to cry again!"
"Spot gold has been hitting new lows, and these guys who bought the bottom really thought they had copied the final bottom?
In fact, they were all copied halfway up the mountain!"
"I'm afraid it's going to fall all the way to the technical key support level of 1300.0 tonight!"
"Those bottom-stealing bulls are miserable!"
"Hehe, if the short- and medium-term longs and long-term bulls of spot gold have not liquidated, spot gold will not stop falling!"
"Those accounts are full of losses, and the bulls who have been fighting against orders are also dying!"
"When those short- and medium-term bulls blow up, that's when I close my position!"
He is only a short-term short, and now he holds a long position of 2 million hands, with an average position of 1323.0, and a fluctuation of one point is a profit and loss of $20 million, and now he has a total profit of 210 points, with a total floating profit of $4.2 billion!
At this moment, Chen Hui looked at the floating profit in the account and smiled slightly!
He currently has $62.8 billion in equity in his HSBC trading account!
"I don't know how many points Ling Xiaoyun's cheap guy has to blow up?"
"I think it should be a few dozen points below the 1300.0 position!"
"It shouldn't be as low as 1295.0!"
"Now Ling Xiaoyun should cry to death in the toilet!"
"I'm going to see how long you can resist!"
"If the position is blown up, Ling Xiaoyun's Zhongxin Gold Group, as well as luxury cars and mansions, will have to be used to repay debts!"
Thinking of this, Chen Hui smiled coldly, then leaned back in the boss's chair, closed his eyes and pondered.
··
At this moment, Chen Hui's hedge fund, Liu Nengguang's trading team, everyone was ecstatic to look at the trend chart of spot gold!
Previously, when the U.S. economic data came out, they smashed their long positions into the market at one time!
Instantly closed the long position of 400,000 lots of spot gold, directly consumed the buying orders at the 1305.0 position, and then the spot gold fell to the 1302.0 position before stopping the car!
The average closing position of their 400,000 long orders is also exactly around the 1305.5 position!
These 400,000 long positions can be said to be neither profitable nor losing!
But the most important thing is that when the US data came out, they took the opportunity to use the 400,000 long position closing order to directly smash the spot gold through the 1305.0 position!
Now spot gold has fallen below the 1305.0 level and is gone!
The accounts of the bulls who bought at the 1305.0 level before are also floating losses!
All the traders were full of excitement and talked about it!
"Haha, spot gold has finally fallen below the key support level of 1305.0!"
"Maybe it will fall to the key technical support level of 1300.0 tonight!"
"Now it has fallen to the 1302.0 position, which is only 20 points away, and I think that soon spot gold will fall to the 1300.0 position!"
"Haha, those bulls are really crying now!"
"Yes, not only long-term bulls, but also those short-term longs, short-term longs, and ultra-short-term longs are all losing a lot of money in their accounts!"
"Just wait for these guys to stop the loss, cut the position, cut the meat, or blow up the position!"
"Haha, yes, those long-term bulls have resisted for so long, and now they are not far from liquidation!
Today, 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, with a total floating profit of 530 points, with a total floating profit of $31.8 billion!
The account equity is as high as $81 billion!
They are long-term shorts, and only when their opponents take long-term long long stops and liquidate, they are convenient to close their positions and leave!
Liu Nengguang's face was excited, and he looked at the 1-minute trend chart of spot gold happily!
This time the spot gold smashed through the key support level of 1305.0 was very successful!
Now spot gold has hit a new low again, and it will inevitably fall to the technical key support level of 1300.0!
Thinking of this, Liu Nengguang was very excited!
"When spot gold falls below the 1300.0 position, that is, when those long-term bulls are completely despairing!"
"This time we will have an even better record!"
·····
At this moment, in the trading department of Standard Chartered Investment Bank, several traders looked at the trend chart of spot gold with excited faces!
Previously, they were crazy short spot gold in the 10-point range from 1306.5 to 1307.5, and now spot gold has fallen below the key support level of 1305.0!!
In this short period of time, their accounts have been profitable!
They now hold a short position of 200,000 lots of spot gold, with an average opening position of 1306.5, and a fluctuation of one point is a profit or loss of $2 million!
Now there are 45 points floating in the account, with a total profit of $90 million!
The floating profit is about to break 100 million US dollars!
At this point, a trader asked, "Manager, are we going to close the position now?"
Mo Liang thought for a moment and said, "It's not a hurry now!"
"There is also a U.S. economic data later, which is likely to continue to be bearish for spot gold, causing spot gold to continue to fall!"
"And I guess there is strong buying at 1300.0, so we can't wait for spot gold to fall to 1300.0 before closing the position!"
"We need to advance!!"
"So we take profit near the 1301.0 position!"
"That way we can leave early!"
Several traders' eyes lit up and said, "Good idea!"
After saying that, they set a take profit near the 1301.0 position!
··
Time slowly passed 1 hour, and spot gold was fluctuating wildly in the range of 15 points from 1302.0 to 1303.5!
At this time, when spot gold rose to 1303.5 again, the economic data hit again!
Total Construction Permits in March (10,000 households) in the United States
Previous value 99
Predicted value 100
Published value 101
This economic data is bullish for the US dollar and bearish for spot gold!
And this economic data is a relatively important data!
Caused a new round of attacks by the bears in the market!
Suddenly, spot gold began to fall sharply!
From the 1303.5 position, it suddenly fell to the 1301.0 position!
At this time, the take-profit order set by Standard Chartered Investment Bank at the 1301.0 position was triggered!
Suddenly, Standard Chartered Investment Bank's 200,000 hands of short closing orders poured into the market!
The 200,000 short closing orders are hedged against the market's selling orders!
Spot gold is fluctuating wildly at 1301.0 to 1302.5!
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