Chapter 200: Crush, Kill
It's down to $459.97......
See here.
The corners of Tang Bao's mouth couldn't help but float a clear smile, and said secretly, no matter how strong you are, after sprinting for so long, you should be exhausted.
β¦β¦
Looking at the price of gold on the computer screen, beating repeatedly, the bulls hit several times, but failed to touch the $460 level.
10 million ounces, buy!
Just when the price of gold remained at the price of $459.98, a huge amount of buying points was suddenly thrown, like a shot of excitement and medicine, injected into the market, so that the sluggish bulls regained the power of the sprint. It took less than a minute for gold to be pushed to $459.99, which is only one step away from breaking through to $460.
300,000 ounces, buy.
Two hundred and fifty thousand ounces, buy.
One and two million ounces, buy.
170,000 ounces, buy ......
β¦β¦
The bulls seem to be planning to strike while the iron is hot, pushing the price of gold to $460 in one fell swoop, and throwing a large buy order into the gold futures market.
Hey.
Looking at the crazy bullish power, Tang Bao couldn't help but sneer in his heart, it was too naΓ―ve to think that it would be so easy to raise the price of gold to $460.
"Leger, get ready, two million ounces, sell order. When I give the order, I will sell it in one fell swoop! Tang Bao stared at the computer screen and commanded.
"Yes, boss."
Legge and the others responded in unison, and their minds gradually became highly concentrated. Without blinking, he stared at his computer screen and skillfully operated it. Soon, the sell order was ready. Just wait for Tang Bao's order and press the confirmation button, and you can throw a sell order as quickly as possible.
6.5 million ounces, buy.
"Sell!"
Seeing that a huge buy order popped up again, Tang Bao immediately gave an order to sell short without hesitation, wanting to push the price of gold up to $460, but there was no way.
Swish. Phew, boom.
6.5 million ounces of buy order. Almost in the blink of an eye, it was filled.
The bulls didn't seem to expect this situation, and the 6.5 million ounce buy order was taken over before it could make a splash.
β¦β¦
"Huh? Damn ......" watched from a trading room as the price of gold remained at $459.99. A balding middle-aged man had an ugly face. The 6.5 million ounce buy order was thrown out by him. However, the effect was not the same as he expected. I thought that with this huge amount of buy orders, it attracted a lot of money to follow up, pushing the price of gold above $460 without any surprises.
Which material......
This buy order was launched, and not even a wave was turned, and the price of gold remained unchanged. "Oops......" The bald man who was cursing looked at the computer screen and suddenly turned pale. Then, yelling at the trader, "A million ounces." Buy! Hurry, hurry, hurry. β
Before.
Except for the six and a half million ounces he threw out. There is no other support at all, and when his huge buy order is taken over, there are very few buy orders in the market, and sell orders are constantly pouring out...... If you don't eat these sell orders in time, the price of gold will dive quickly.
Just when the bald man was buying a large amount of gold, a large number of bulls appeared in the market one after another. Eat sell orders like crazy.
β¦β¦
"Throw another two million ounces, sell order!" I watched as someone swept through the sell orders in large numbers. Tang Bao sneered and issued a new short sale order.
Meantime.
Other bears are also constantly throwing short orders, suppressing their opponents.
Things have developed so far, it is obviously not Tang Bao's personal matter, but the fight between bulls and bears in the entire gold futures market.
"Two million ounces, sell order! Throw another million ounces, well, another million ounces......" Tang Bao stared at the computer screen and gave instructions continuously.
Admittedly.
The bulls are very tenacious and crazy, and in the face of selling orders of different sizes, they are all refused, and they eat without blinking an eye.
You buy, I sell; I sell, you buy......
The battle between the bulls and bears has also entered a stalemate, and the price of gold has been fluctuating between $459.89 and $459.99.
Until the New York Mercantile Exchange closed, there was no winner or loser.
Closed.
Legge and the others couldn't help but breathe a sigh of relief, after an afternoon of intense operation, they were also very tired, not physically tired, but mentally and mentally exhausted.
Tang Bao sat on the sofa not far away, contemplative, as if he was thinking about something.
"Boss."
Leg, who had rested for a while, saw that Tang Bao had not reacted for a long time, so he couldn't help but lean over and reminded in a low voice. "The owner...... It's closed, so it's time for us to go out and get some food. β
"Hmm."
Tang Bao, who was in deep thought, also came back to his senses in an instant, smiled and nodded, "That's right, let's go, let's go out for a big meal together, adjust our state, and deal with tomorrow's big war." "Futures operations seem simple, you can sit in front of the computer and move your fingers.
But.
In the face of this fierce long-air battle, it really tests people's nerves and physical strength.
β¦β¦
After enjoying a delicious meal, Tang Bao, Legge and the others all returned to the hotel to recharge their batteries for tomorrow's fierce battle.
The next day, it was past seven o'clock in the morning.
Before the New York Mercantile Futures Exchange started trading, Tang Bao, Legge and others had already come to the trading room they had chartered early.
Wait patiently.
It was close to nine o'clock, and Legge and the others took their places, waiting to join the battle again. Yesterday, the long and short sides were inseparable, and today it will inevitably continue.
Five million ounces, buy.
1,600,000 ounces, buy.
3,200,000 ounces, buy ......
Suddenly.
After a night of truce, the bulls seemed to have raised more money, and they were fierce as soon as the war began.
$459.93.
$459.97.
$459.98. US$459.99......
Just five minutes after the market opened, the price of gold was pulled up to its peak, just one small step away. It will break through $460. The bulls seemed to negotiate, and after the price of gold rose to $459.99, the offensive suddenly intensified again, and huge buy orders fell like snowflakes!
"Ten million ounces, short sale!"
Wow.
Just when the morale of the bulls was like a rainbow and the bears were beaten to the ground, a super sell order of 10 million ounces. Born out of nowhere!
This super sell order is like a nuclear bomb dropped into the enemy's camp. The real lethality is not much, but the panic caused is staggering.
It is about to break through the $460 level......
How.
At the moment when morale was at its peak and the collective charge was made, it was hit by a super nuclear bomb, and someone was directly bombarded. And many more are scattering and fleeing.
The momentum of the gold price rise came to an abrupt halt, and it quickly turned around and fell!
Swish.
In the blink of an eye, the price of gold fell by $0.7 to $459.29. However, it did not hold on, and this is only the beginning. There was a nuclear bomb to open the way, and the bears suddenly lifted their spirits, as if they were all beaten with chicken blood, and frantically threw out a number of sell orders of different sizes.
Gold prices have been crushed and fallen.
Five minutes later.
The price of gold. Dropped to $458. A few more minutes passed, and the price of gold fell to $457!
$457.32, $457.21. US$457.03...... Perhaps, in a few seconds, the price of gold will fall to $456.
β¦β¦
"Ten million ounces, Fack, damn ......" The balding man was excitedly waiting for the price of gold to break through $460. Unexpectedly, a super sell order was born. A basin of cold water was poured over his head. Let him sober up in an instant and break through $460. It's just a dream, you can't see it!
"Damn it...... Don, it got to be him, it got to be that damn bastard! The bald man roared angrily, except for Tang Bao, he couldn't think of anyone who would dare to release such a super sell order. Seeing that the price of gold was like a dive, jumping down with a bang, the bald man shouted: "Buy, buy ...... for me"
"Boss, our funds are limited, before buying a large amount of gold, has consumed a lot of money, if you force the purchase, there will be no enough funds to support, in case the price of gold continues to fall, we will not be able to take out enough funds to make a margin call!"
Forehead?
The bald man couldn't help but be dumbfounded, he didn't have the money to make a margin call? The gold futures they hold may face the threat of liquidation.
Right now.
In the long and short war of gold futures, the advantage has gradually tilted towards the bears, even if he does not dare to guarantee that he can save the unfavorable situation.
......Thinking of this, the bald man couldn't help but curse anxiously. Just gave up, he was really unwilling.
Just when the bald man was restless, he received a phone call, and then, the whole person suddenly became energetic and excited.
Ha.
Looking at the newly appeared funds in his account, the bald man couldn't help but smile. Looking at the bald man who continued to fall in the price of gold, he couldn't help but snort coldly, and thought to himself: "Hmph, who loses and who wins, it's not necessarily!" Then, to the trader, he ordered: "Buy, 10 million ounces!" β
Swish.
10 million ounces, buy.
Just as the price of gold continued to decline, suddenly, another super nuclear bomb appeared, but this time it was the main force of the bulls who attacked.
Inside the trading room.
"Heh, throw another 10 million ounces, sell order!" Looking at the 10 million ounce buy order that suddenly popped up, Tang Bao did not hesitate at all, and directly smashed another 10 million ounce sell order.
Sou.
The 10 million ounce buy order did not allow the market to fully react, and then there was another 10 million ounce super sell order.
Swish.
Only a minute or so has passed. There was another 10 million ounce sell order, followed by two 5 million ounce sell orders in quick succession, and the market was launched......
"Ha, it seems that there is a lot of hidden power in the bears." Seeing that there was suddenly a 10 million ounce and two 5 million ounce sell orders following him, Tang Bao couldn't help but secretly say.
That's fine.
Since they have all fought to this point, they simply defeated it in one fell swoop, and Tang Bao gave another order: "Legge, sell another 20 million ounces, sell the order!" β
β¦β¦
Swish.
20 million ounces, sell order.
Almost in the blink of an eye, the price of gold collapsed. Gold prices plummeted, $455, $453, $451, $449, $445, $440......
The bulls are fleeing frantically, while Tang Bao and other bears are crushing all the way, killing their prey to their heart's content...... (To be continued) R655