On the 23rd floor of Tiannian Building in Central, the trading center of Ho's Securities is not only the old man Sven and the shirt man Wang Bo, but also many capable traders are observing the trend of international gold spot.

"The price of gold is starting to rise like crazy!"

Seeing a large order of 204,000 hands, after appearing in the intraday, the gold price was swept up from $280.1 to $280.5, and then the gold price was once again driven by the chasing funds, Wang Bo couldn't help swallowing saliva.

"The flag list is set up, this big order of 24,000 hands is basically the charge of the absolute main force of many parties, once the flag list is opened, it will prompt many forces to advance bravely." Old Man Sven perked up and said.

I don't know if it's because of the old man's statement, or because the gold price is rising too rapidly, a group of capable traders at Ho's Securities can't help but get goosebumps.

"If it is not an institution with absolute dominance, it is easy not to set up a flag, this leading long fund, is it to control the international gold spot market in the local market?" Wang Bo breathed a sigh of relief.

"The gold price has entered the rhythm of many parties, this wave of flag list appeared, not only there is no obstacle, but also has been recognized by the over-the-counter long funds, and then the gold price will be pulled to what position, it depends on the idea of the flag single agency, I have a feeling that this wave of gold price rise, is just a hot field for long flag single institutions." Seeing that the gold price was quickly pushed from $280 to $282 by long funds, the old man couldn't help but feel that he had missed the opportunity.

"Even if there are flag single institutions that are long the gold price, it is a bit abnormal to rise so much, will there be any deep-seated reasons that have not yet surfaced?" The shirt man Wang Bo said sensitively.

"In fact, today's rise in Hong Kong stocks is very abnormal, and now there is a change in gold prices, I guess it may be a series of chain reactions, see what the trend of US dollar index futures is." After thinking about it, the old man gestured to a female trader.

"The U.S. dollar index has just begun to fall, from 98.2434 to $98.0121, although the decline is not large, but there are institutions that are entering the market short." The female trader called up the dollar index futures and said to the old man in surprise.

"Chairman, it can't be some news from the United States, right?" Wang Bo's eyes widened slightly, and he seemed to have some guesses.

"If it is just ordinary news, even if it can affect the trend of the stock market, it is impossible to shake the international gold spot and dollar index, and it is estimated that it is likely to be related to interest rates." Old Sven's statement made the traders both shocked and excited.

"Speaking of this interest rate meeting, it's very close, but it seems to be a closed-door meeting, I didn't think about it before, could it be that from the beginning of the year to the present, the Federal Reserve interest rate, which has been stable, will adjust the interest rate?" Wang Bo's first reaction was that Ho's Securities held a long position in the Hang Seng Index futures contract.

"At present, there are changes in international gold spot and dollar index futures, and it is time to think about this, Liang Mingjie, you hurry up to check the relevant news with the Federal Reserve, this early reaction of the capital market cannot be groundless." The old man explained to the middle-aged information director.

"If we talk about abnormal movements, it is also the international gold price first, and the dollar index futures seem to be lagging behind." Wang Bo observed the large electronic screen.

"The dollar and gold are negatively correlated, for a long time, because the price of gold is calculated in dollars, it will be directly affected by the dollar, and the appreciation or depreciation of the dollar will directly affect the changes in international gold supply and demand." Old Man Sven took a deep breath and said.

"That is to say, once the dollar depreciates, use other currencies to buy gold, the same amount of money can buy more gold, thereby stimulating demand, and then pushing gold prices higher, if the dollar index futures fall lagging, the international gold spot is very likely, there is still momentum for upward expansion?" Wang Bo observed the international gold price and speculated.

"Chairman, the Dow Jones opened before the futures contract shouted, the decline is rapidly narrowing, and it seems that the stock market has also reacted." A trader reminded the old man Sven.

"Once the interest rate is cut, it is also a direct positive for the stock market, and the significance of the futures index is not much, and when it comes to the official continuous trading, it is not good that the Dow spot and stock index futures will open sharply." Old Man Sven has relaxed at this time, as if he expects that Hong Kong stocks and futures contracts will also be boosted in tomorrow's opening.

"I'm wondering if Tatfook Bank's large-scale attack on HSI futures today is based on the Fed's expectation of interest rate cuts." Wang Bo, the man in the shirt, whispered to the old man Sven with a little deep meaning.

"It's all in the past, in the capital market, never judge heroes by temporary success or failure, the key is what Daifuku Bank is doing now, no one will have nothing to do with the exchange of US dollars, coinciding with the international gold and dollar index futures changes, don't you think this is too much of a coincidence?" The old man glanced at the night scene outside the floor-to-ceiling window.

"I'm curious about the proprietary department of Tatfook Bank right now, and if I can, I'd like to see what is going on there." Wang Bo just thinks that the capital movement of Dafu Bank may be related to the international gold spot and the US dollar index.

In fact, including Sven and Wang Bo, they would never have thought that the institution that set up a flag in the international gold spot market was the proprietary department of Tatfook Bank.

Just when the old man Sven and Wang Bo were speculating about the movement of the proprietary department of Dafu Bank, the price of international gold spot had already seen 283 US dollars.

In the proprietary department of Dafu Bank, the pot has been plugged in by Zheng Fan again.

"We are so tired that we are doing cattle and horses here, but you are very happy to eat and drink." Seeing Zheng Fan sweating profusely and eating the pot, with a happy look on his face, Wang Lin, who was trading, was angry.

"Isn't it right for me to be a boss and enjoy it?" Zheng Fan stuffed a small abalone meat into his mouth, with a natural expression.

"Although the position has been closed above $283, the buying power is still very strong, the gold price has not come down, the time-sharing trend has begun to maintain the platform consolidation, and now the US stock market has opened, and there is not much time before the economic speech." Regarding Zheng Fan's instruction to choose to close the position, Ye Qian couldn't help but worry that the gold price would continue to rise.

"Calculate the price of international gold spot, from the lowest point below $279, the highest $283.4, has risen more than $4, the market itself also has the requirements to adjust, the reason why it remains strong at the moment, is only to rush into the funds after the fact, and there is an expectation of the Federal Reserve to cut interest rates." Zheng Fan said calmly.

"But in the process of closing the position, I can feel that the buying power is very strong, if the gold price is time-sharing to be sideways to sort out, instead of falling, it will rise again, and our Dafu Bank closed out the position, may not be able to buy back at a lower price." Wang Lin glanced at Zheng Fan.

"There is nearly half an hour, the economic speech will begin, there is still time, the heart can not cook a good meal, after the completion of a wave of ascension, the international gold spot wants to rise again, must go through a full change of hands." Zheng Fan's eyes lit up.

"Can't you hurry up?"

Hearing Zheng Fan's statement, Wang Lin no longer kept it, and accelerated the closing speed of long positions when the market buyer momentum was abundant.

"Boss, the average cost of opening our 1,553,000 long positions before was $279.9, the cost of closing was $283.2, the profit per ounce reached $3.3, and the total profit was $512.49 million, plus the $435.09 million margin invested before, the total amount of funds has exceeded $947 million." Ye Qian hurriedly said to Zheng Fan after the return of funds in the last liquidation.

"Continue to open new long positions, but don't worry, as long as you can fill the long position at the $283 line within 20 minutes, you can hold the position and wait for the rise." Zheng Fan's arrangement made Wang Lin's three daughters' faces twitch.

"Looking at your facial expressions, it seems to be in pain, it can't be tired and cramping, right?" Zheng Fan glanced at the high opening of the Dao finger, and asked with a smile to Wang Lin's three daughters.

"I've never been so sure, in the capital market, good people have no chance of winning, and only unscrupulous thieves like you can get benefits." Wang Lin gasped and said in annoyance.

"Don't be mistaken, what you are doing now is to promote the prosperity of commodity trading, which is also a rare experience for you, I believe that as long as you survive today, your life experience will have a strong foundation from now on." Zheng Fan was like a magic stick, and the words he said made Wang Lin roll his eyes.

"How can I help?"

Seeing that Wang Lin's three daughters were too tired to do anything, and they were trading like machines, the female doctor Yao Ling hesitated and asked.

"You can't help anything, the work of trading, the three of them can't do it, because in the continuous operation, they have adapted to the rhythm of the trade, and the current gold price seems to have adjusted requirements, but in fact it is quite sensitive, and the slightest carelessness will make the gold price rush up, resulting in the failure of the position." Zheng Fan refused with a smile.

Having witnessed the increase in the self-operated funds of Dafu Bank, Yao Ling at this time had no doubt about Zheng Fan's ability, in fact, there was no need to stay in the self-operated department.

However, in the face of such an important operation of the proprietary department of Dafu Bank, without Zheng Fan's signal, the female doctor Yao Ling did not dare to leave.

"The selling pressure has started to come up, but in the case of our side continuing to open new long positions, it is not enough for gold prices to fall significantly." Ye Qian said to Zheng Fan while operating.

"The Dow opened 98 points higher, reported at 5882, followed by a high open, and now it has reached 5909 points, gold prices will naturally show a certain pressure, relative to the medium-term downward trend of international gold, the stock market has been in a bull market, attracting funds and making money effect is naturally better, if not the leverage is lower, the stock market is obviously a better choice." Zheng Fan, who did not operate in person, paid attention to the trends in all aspects, and constantly deduced and confirmed his ideas through the changes in major indexes.

(First update.) ）