Chapter 199: Fierce Battle
Tang Bao sat in his office, flipping through the news in the newspaper about his short gold, full of cynicism and schadenfreude.
In this regard, Tang Bao felt very unhappy, but he was not in the mood to have a war of words with these media reporters. Seeing the price of gold rising, he was a little irritable. Could it really be that the memory was wrong, or was it because of the intervention of this unexpected factor that changed the price trend of gold?
Coupled with the persuasion of Mrs. Annette, Nick and others, Tang Bao's heart was also messed up.
……
At the moment when Tang Bao's confidence was shaken, Legger, who had been keeping an eye on the price trend of gold, sent Tang Bao a good news that the price of gold had fallen.
"The price of gold...... Fell...... Whew......" Leg, who had rushed all the way into Tang Bao's office, gasped and spoke intermittently.
"The price of gold has fallen?" Tang Bao was suddenly stunned.
"Right...... Boss, your prediction is right, the price of gold is really ...... It's falling. Legge nodded excitedly and replied with certainty.
"Slowly, what the hell is going on? Yesterday, the price of gold was about to break through $460 per ounce, so why did it suddenly fall. Also, how much has it fallen? What is the price of gold now? Tang Bao comforted Leg, and then, impatiently, asked several questions in succession.
"Huh?"
Legge was stunned by Tang Bao's actions, and suddenly, he realized that the boss, who had always behaved very calmly and calmly in the eyes of outsiders, was not as relaxed as he appeared. Obviously, the continuous rise in the price of gold has caused him unimaginable psychological pressure.
"Boss. The price of gold plunged by $3.78 today, and now it has fallen back to $455.89 an ounce, and there is some new short-selling power in the gold futures market. There is also some bearish news about gold in the market......" Legge reported excitedly. He knew very well that the price of gold must be the boss's most concern, so he took the lead in quoting the price of gold.
Then.
Legge continued: "Well, as for the sudden drop in the price of gold, it may be related to several news. First of all, several investment institutions have recently gone bankrupt and are in the process of liquidating their auctioned assets, and one of the assets sold happens to be a gold asset. It's about thirty tons. The concentrated sale of this gold has caused a considerable impact on the price of gold. Other than that. Recently, large-scale gold mines have been discovered in Brazil, Australia, and the United States...... Finally, there is the power of shorting gold that suddenly appeared, perhaps they had already learned of the previous two news, so they chose to short gold at this time. ”
"Hmm."
Tang Bao got up from the swivel chair and walked back and forth. The mysterious short-selling power...... Whoever this new short-selling force is, it is in his favor. More bears joining will only push down the price of gold quickly. Tang Bao's originally irritable mood gradually returned to calm.
Meantime.
A devilish thought flashed in Tang Bao's mind, "Do you want to continue to increase your position?" Originally, the price of gold rose beyond Tang Bao's estimate, and he was so frightened that he stopped. But now, the price of gold is just as I remember, and finally fell after a period of crazy rise.
Although there are some discrepancies in memory, the overall gold price trend. But nothing has changed. This also proves that his memory is not deranged.
……
Call.
After thinking for a moment, Tang Bao took a deep breath and finally made a decision. "Legger. Hurry back to the New York Mercantile Exchange and continue to short gold! ”
"Ah...... Continue to go short? Legge stared at Tang Bao in surprise, he didn't expect that the gold price trend had just shown some signs of goodness, and their gold futures were still in a floating loss, and Tang Bao couldn't bear it.
"Yes. Continue to sell short. Hey, you said that too. There are many investors who are short selling in the gold futures market, and we are also using this force to unite them and strive to suppress the price of gold in one fell swoop. It's a pity that such a good opportunity was wasted. Tang Bao's face showed a confident smile again.
"Hurry up, well, I'll go too." Tang Bao urged Legge to rush to the New York Mercantile Futures Exchange, but he was not at ease, so he simply decided to go with him.
No way.
The losses of gold futures were serious, and Legge and others, who were in charge of the operation, were also under tremendous pressure, and their nerves were very tense. If Tang Bao didn't go over to suppress the formation in person, I am afraid that it would be difficult for Legge and the others to let go of their hands and feet, and do their best to sell gold short and suppress the price of gold.
Soon.
Tang Bao and Legge rushed to the New York Mercantile Exchange and rushed into the trading room. Because the gold futures held are huge, they may have to be operated at any time. Therefore, Legge and other personnel have stayed in the trading room for a long time, studying and analyzing the trend of gold prices, while waiting for orders and operating at any time.
"Boss."
Seeing Tang Bao and Legge appear, everyone also stood up to greet them, but their faces were not very good, obviously the loss of gold futures made them anxious.
Syllable.
Tang Bao clapped his hands, looked at everyone's eyes and said, "Heh, you don't have to bring any pressure. Gold futures are my own insistence, and even if I lose all my money because of this, it has nothing to do with you. In the gold futures war, you just operate the machine according to orders, so you don't have to carry pressure that doesn't belong to you......"
The crowd bowed their heads and fell silent.
"Smack. Cheer up and return to your post, below, we will face a tough battle. Tang Bao gave everyone an imposing explanation.
"Huh?"
Everyone couldn't help but raise their heads and look at Tang Bao in confusion.
"I'm going to keep selling gold short!" Looking at everyone's gaze, Tang Bao slowly said his decision. "All go back to their posts and wait for the operation instructions!"
Swish.
Legge and the others quickly sat back down in front of their computers and cheered up. Although he was very surprised by Tang Bao's decision to continue selling gold, he did not say much. As Tang Bao said, in this round of gold futures warfare, they are just ordinary traders who follow instructions and operate, just like machines. Without a mind of their own. Whether they win or lose, they have no absolute relationship with these "machines".
"Now, I'm just a machine ......" in front of the computer screen. Legge and the others said this to themselves in their hearts almost at the same time, calming their nervous emotions.
……
Open a position, sell it.
Under self-anesthesia and hypnosis, Legge and the others listened to Tang Bao's instructions and quickly opened positions and sold gold as quickly as a machine.
"A million ounces, sell!" Watch as the price of gold falls to $454 an ounce. stopped falling, and Tang Bao couldn't help but strike again. Directly ordered the sale of one million ounces of gold.
$454.02.
Swish.
A million ounces were sold out, and the price of gold immediately fell below $454 an ounce to $453.68. Unfortunately, the good times were short-lived. It lasted less than two minutes, and this huge sell order was eaten by the bulls. And the price of gold has also recovered steadily.
$453.86.
$453.93.
$453.99.
……
A few seconds later.
The number jumped again, well, $454.12. It fell below the $454 level, but it lasted for more than five minutes before gold rebounded.
Duration.
There are also bears who try to resist, but obviously their strength is limited, and they can't stand alone. More than a dozen large short orders were easily eaten by the bulls.
The price of gold returned to above $454......
Then.
The bulls took advantage of the situation to pursue. Successive shots continue to push up the price of gold. The price of gold is like a rocket, swishing straight up.
$454.17.
$454.21.
$454.33.
$454.78.
$454.97.
US$454.99......
……
$455.03.
$456.58.
USD 457......
……
Call.
Looking at the price of gold, which seems to have gone crazy, it has risen. Tang Bao couldn't help but gasp, the power of the bulls was really terrifying.
"Boss, the price of gold immediately rebounded to $459 an ounce." Seeing that Tang Bao didn't react for a long time, Leg couldn't help but remind anxiously. If the price of gold soars like this, the previous room for decline will be lost, and it may even break through in one fell swoop. Step into $460.
"Hmm. I saw ......"
Tang Bao calmly responded, this critical moment. How could he be easily distracted. The reason why no new directives have been issued is also waiting for an opportunity.
Right now.
The bulls are just when their morale is like a rainbow, and whoever goes out to resist will be ruthlessly crushed to death, and they will be swallowed to the point that there is no scum left.
Unless someone is strong enough to compete with the whole market.
If you don't have this kind of courage and strength, it's better to avoid the edge for the time being. One blow and then decline, three and exhaustion...... The bulls will push up the price of gold at any cost, and there will always be a time when the strength is exhausted. Tang Bao only needed to wait quietly for the opportunity, and then give it a fatal blow.
Before.
Those bears that came out of the sky also disappeared, and Tang Bao believed that these people might have the same idea as him, and they were all ready to strike a fatal blow at a critical moment.
……
"Boss, the price of gold has risen to $459 again." Legge reported.
Well.
$459, which means that the price space that has plummeted due to various negative news has been erased and returned to the "normal" track.
$459.76.
$459.81.
$459.87.
$459.90......
The entire gold market is like a collective chicken blood, after rebounding to $459, the momentum of gold prices is still unabated.
Spread your legs and run wildly!
Seeing Tang Baodu's heart jumping, obviously, the price of gold soared so wildly, it could not be just market-driven, but I was afraid that there were some powerful institutional investors hidden in the bulls.
Swish.
While Tang Bao was pondering, the price of gold had risen to $459.96, but it had also stopped the crazy price surge.
The bulls threw out millions of ounces to buy orders, barely pulling gold up to $459.97.
……
Then.
Millions of ounces of buy orders pushed gold up to $459.98, but it only took a dozen seconds for it to fall back to $459.97...... (To be continued) R655