Chapter 201: A Cunning Opponent

The 20 million ounce super sell order, the price of gold futures accelerated and plummeted again, and many investors were wiped out before they could react. The bears also joined the fight one after another, taking advantage of the situation to strangle their opponents. For the bulls, this is undoubtedly a nightmare!

this day.

The price of gold futures suddenly plummeted, falling from a high of $460 to $429.87 an ounce.

Some of the startled players didn't dare to play anymore, so they made a decision and escaped wisely. Of course, the vast majority of people who are involved in the gold futures long and short war are people with firm minds, and they will not be easily influenced by outsiders, and they believe in their own analysis and judgment, so even in the face of the collapse of gold futures prices, many people are also very calm, choosing to continue to wait and see, waiting for counterattacks.

Fils is a member of the bullish gold futures, on this day, he lost more than three million dollars, but he does not believe that the next day will fall like this, he believes that the price of gold futures plummeted sharply, because of the sudden appearance of several unexpected super sell orders, temporarily affected everyone's judgment, and when this deterrent effect has passed, it will return to the right track, and the price of gold futures will also rise.

Thereupon.

When the New York Mercantile Exchange closed, Fils hurriedly called to raise funds and planned to make a margin call......

……

Call.

Seeing the price of gold futures plummeting by more than $30, Tang Bao took a sullen breath in his heart for a long time, and finally came out, with a long-lost smile on his face, and he felt that his whole mind was relaxed. The price of gold futures had been steadily stuck at a high level above the all-time high, which really made him feel uneasy.

"Ha, boss, the price of gold futures has plummeted, and today's trading alone has caused nearly a billion dollars of paper profit on our account!" Legge stood up and excitedly reported the results to Tang Bao. And everyone else excitedly celebrated. For qualified traders, it is not uncommon to lose and make money. Money has long been a jumping number...... However, in the face of this gold futures war, they are still inevitably affected by emotions, just like an ordinary investor.

Tang Bao also felt deeply, before, the price of gold futures soared, they continued to lose money in gold futures, very nervous, and after the end of the transaction, they were also silent and dignified. Today, the situation reversed, the price of gold futures plummeted, and they were finally able to release their pent-up emotions.

"Hmm."

Tang Bao just smiled and nodded. He didn't show the same excitement as Legge and others, and until this gold futures war ended completely, winning or losing was temporary. The price of gold futures plummeted today, and Tang Bao and other bears slaughtered the enemy, but they only won one round. Perhaps, tomorrow the bulls will begin to accumulate strength for a major counteroffensive to regain lost positions.

"Whew...... Legge, it's still time not to celebrate. You all hurry back and recharge. Waiting for tomorrow's big battle! Perhaps, tomorrow's battle will be unexpectedly tragic. When Legge and the others were almost happy, Tang Bao reminded calmly.

"Uh. Boss, the bulls have been killed today, do you think they can launch a decent counterattack? Legge asked in surprise. He is personally in charge, and he is naturally very clear about the battle between the long and short sides. It can be said that with the throwing of several super sell orders, it completely shattered the confidence of the opponent. The bulls simply can't resist. The dead die, and the fleeing flees.

So.

In Leger's opinion, today's battle has already decided the outcome of the war, and the next battle is just a sweeping operation, which will be extremely easy and simple.

"Hmm. If you look down on your opponent, you will only regret yourself. The other party has raised the price of gold futures all the way to nearly $460 per ounce, and has not yet reaped the profit, how can it willingly give up resistance. At the beginning, we chose to avoid the edge, let the opponent continue to raise the price of gold futures, and then wait until the critical time to deliver a fatal blow. So how can you be sure that your opponent won't adopt a similar strategy? Tang Bao looked at the puzzled Legge and asked rhetorically.

Hear the words.

Legge was stunned for a moment, frowning and thinking about it, the more he thought about it, the more he felt that it was possible, and he couldn't help but admit helplessly: "Boss, you reminded you right, it seems that I thought things simpler." ”

"Heh, you just think that with the collapse of gold futures prices, this battle is already in hand, and you don't want to go so deep at all."

Tang Bao said with a smile. In his previous life, when he carried out various secret espionage activities, he had too many experiences of failure at the last moment.

Therefore.

For this gold futures war, which was already beyond his control, Tang Bao's memory advantage no longer existed, and he subconsciously used the experience of his previous life to think about problems.

Tang Bao didn't know if there would be a tragic gold futures battle tomorrow as he expected, but he had to take into account the worst-case scenario and prepare for it. Only by taking into account various circumstances and making a plan will you not panic when something does happen.

Reminded by Tang Bao, Legge and the others also woke up from their extreme excitement and regained their composure and calmness, but compared with before, they were a little more confident in their heaviness and calmness. In any case, today's gold futures price plummeted, which made Legge and others angry.

……

The next morning, the weather in New York was not very good, gray and somewhat gloomy, giving people a dull and oppressive feeling. The parties involved in the gold futures war have already been in place in advance and waiting for the big war. At nine o'clock, the New York Mercantile Exchange began trading on time.

Suddenly.

Many people are holding their breath and staring apprehensively at their computer screens, not just the participants on both sides of the long and short sides, but also bystanders.

The price of gold futures, $426.03 per ounce!

As soon as the market opened, it plummeted by $3.8, and seeing that the price of gold futures fell again, all parties showed mixed feelings...... There is no doubt that gold futures have attracted the attention of countless investors.

"Boss, it's falling, the price of gold futures has fallen......" Legge exclaimed excitedly.

"Hmm."

Tang Bao was also staring at the computer screen, and the price of gold futures fell, he was naturally clear. But he didn't bother with Legge about these little things. He also knew that Legge and the others might need to use this form to release the pressure on their bodies.

Two minutes later.

Gold futures fell below $426 and dropped directly to $425.39. And as the bears continue to suppress it, the price of gold futures has fallen again and again. There is no bottom line for the decline at all. In the face of the continuous decline in the price of gold futures, many bullish investors instantly liquidated their positions and were cleared out.

As time went on, more and more investors were kicked out of the market for not being able to make margin calls, or were scared into desertion.

Until the market closed, the price of gold futures fell to $413.66. Tang Bao's guess of the bulls' strong counterattack did not appear.

Arguably.

Today's gold futures market is a one-sided slaughter tragedy, and the bulls cannot fight at all if they cannot hide.

"The bulls let us slaughter. What the hell are you thinking? Tang Bao frowned and pondered. I thought that the main force of the bulls would launch a fierce counterattack as soon as it came out, giving a dismount, but in the face of the tragic situation of plummeting by $4 in two minutes after the market opened, the opponent unexpectedly did not react. Then, Tang Bao thought that the opponent would launch a counterattack when the price of gold futures fell to the key point near $420.

Pity.

Opponents seemed to be going through the surprise, and gold futures fell to around $420 with only a slight resistance. and was breached.

On the third day, the price of gold futures fell to $413.

On the fourth day, the price of gold futures fell to $406.

On the fifth day, the price of gold futures fell to $403.

Day 6. ……

$400.

$401.

$402.

$400.13.

……

"Boss, something is not normal." At the end of another trading day, Legge stared at the price chart of gold futures and said with a frown.

"Oh? Leg. Did you notice an anomaly too? Tang Bao raised his head, looked at Legge and asked.

"Hmm."

Legge nodded. "Boss, obviously. The opponent has been resisting, holding on to the $400 shelf, but it is a group of organized players who are desperately defending, and the main opponent has not appeared at all...... Oops, boss, the opponent may be using this money to fight with us! ”

Well.

Tang Bao hummed softly, in fact, he also had this kind of guess in his heart. There are too many retail investors who are bullish, and it is really troublesome to organize and fight with him around $400. Even if Tang Bao's funds are sufficient, there will always be a time when they run out.

Then.

The main force of the bulls slammed out, but Tang Bao and the other bears were already empty-handed, except for fleeing in ashes, they could only be ruthlessly slaughtered.

"Leger, how much money do we have left?" Tang Bao asked.

Legge replied, "About eight hundred million dollars." ”

"Well, tomorrow we will go all out to suppress the price of gold futures and force the opponent to fight!" After thinking for a moment, Tang Bao gave the order.

In fact.

According to Tang Bao's average opening price, you can also make a lot of money by closing the position and leaving at this time. But how could Tang Bao be satisfied so easily? In his opinion, $400 is far from touching the low level of gold futures prices, and there is still a great room for decline.

……

It's another new trading day, and as in previous days, the bulls and bears are fighting fiercely around the $400 support point.

"Boss?"

Legge and the others, who had been ready for a long time, couldn't help but be anxious when they saw that Tang Bao had not given an order.

"Wait......" Tang Bao stared at the computer screen without blinking, as if searching for something in the dazzling gold futures trade. In this way, Tang Bao searched alone for more than an hour, and the stalemate between the long and short sides also lasted for more than an hour.

……

And Legge and the others, who had been waiting for instructions, were anxious to watch the fight between the two sides, but without Tang Bao's order, they could only stare dryly. (To be continued......)