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Chapter 602 609 panicked, lost $30 billion in profits

Chapter 602 609 panicked, lost $30 billion in profits
At the moment of Sky Capital Center, Lin Haocang was overjoyed when he saw the spot gold fell to 1210.0. Now his account has a floating profit of 150 pips, with a total floating profit of 10.5 billion US dollars.

The net value of the account is as high as 110.5 billion US dollars.

"It fell by 100 points in the afternoon. I don't know if it will fall again in the evening?"

Lin Haocang breathed a sigh of relief, looked at his watch, it was already past six o'clock, and he came to the restaurant immediately, the dinner was Japanese cuisine, and Kobe beef was specially airlifted.

····
At this moment, Huang Jiawen's face showed a dignified look at Erhousi Capital. The spot gold fell slowly, but it fell by 4 points in more than 80 hours, which made the profit in his account decrease by 8 million US dollars!
"I'm just wondering, can it be possible that the good-end surge can be reversed?"

At present, there is still 250 pips floating in their accounts, with a total floating profit of 25 billion US dollars. Although he is a little panicked, he is still very confident in his heart.

At this time, spot gold was also supported at 1210.0. Half an hour later, spot gold rose by 30 points, from 1210.0 to 1213.0!

"It's still not what I expected!"

"This time the spot gold should be completely supported!"

At this time, a sudden hunger hit his stomach. Huang Jiawen got up and said to the traders in the trading room, "Australian steak tonight!" After speaking, he left the trading room.

Immediately, everyone followed Huang Jiawen and left the trading room.

·
Time passed quickly, and at 8:[-] p.m., the American market opened!
Five minutes later, spot gold rose another 5 points, rushing to the 10 position!

·
At this moment, Huang Chengkang of Greenwood Asset Management Company watched the spot gold rise from the position of 1210.0 to the position of 1214.0, and he was greatly relieved!

There is still a floating loss of 10 pips in their account, but it is only a floating loss of 1 million US dollars!

His confidence is full again!

"Now spot gold should be completely supported, let labor and capital continue to rise!"

The time soon came to 8:[-] in the evening, and the United States announced an economic data!
US May ISM manufacturing PMI
Previous value: 58.1
Expected value: 59
Published value: 59.7
ISM Index The ISM Index is an important data released by the Institute for Supply Management (the Institute for Supply Management), which has an important impact on reflecting the prosperity of the US economy and the trend of the US dollar.A leading indicator of the health of the economy, with businesses responding quickly to market conditions, purchasing managers' views of their company's economics are perhaps the most timely and relevant.

This economic data is good.The U.S. dollar index rose by 20 points in an instant!

U.S. dollar currencies also rose against each other!
The spot gold fell by 60 points, from 1214.0 to 1208.0!

Spot gold directly fell below the support position of 1210.0!

Looking at this scene, Huang Chengkang's expression changed drastically!

Keep your eyes on the trend chart of spot gold!
"Cao!"

"Damn, what's going on!"

"Why did spot gold suddenly fall below the 1210.0 position??"

Now there is a floating loss of 90 pips in their account, a total floating loss of 9 million U.S. dollars!
Huang Chengkang was extremely angry!
At this time, a trader said: "Manager, just now the United States announced the May ISM manufacturing PMI, which is good for the US dollar and bad for spot gold!"

Huang Chengkang cursed; "Damn broken data!"

At this time, another trader asked nervously: "Manager, spot gold has fallen below 1210.0, and the situation is getting worse for us!"

Another trader said worriedly: "Manager, the short positions in the market are fierce, and we have a floating loss of 9 million US dollars in our account!"

Another trader asked anxiously: "Manager, what should we do next?"

Huang Chengkang's face was as gloomy as water, and he began to panic in his heart!
Beads of sweat appeared on his forehead, he walked dozens of steps back and forth, took a few deep breaths, and said, "Continue to hold it, I don't believe it, where the spot gold can fall!"

"Yes, manager!" Everyone stared closely at the trend chart of spot gold!

···
At the moment of the Sky Capital Center, Lin Haocang is drinking the high-quality Longjing tea leisurely, seeing that the spot gold has fallen to 1206.0, and he is very happy.

At this time, spot gold fell another 10 points to 1205.0!
"I'm afraid it will fall below the 1200.0 position tonight!"

Now there is a floating profit of 200 points in the account, a total floating profit of 14 billion US dollars!

14 billion US dollars, calculated according to the exchange rate, that is more than 100 billion!
From yesterday to today, it is equivalent to earning 50 billion a day!
Lin Haocang couldn't help blowing his bangs upwards!
·
At this moment, Huang Jiawen and many traders from Erhousie Capital had just returned from eating Australian steak, and saw that the spot gold had fallen to 1205.0, and their expressions suddenly changed!
"Spot gold actually fell below the 1210.0 position!"

"Fizz!"

"how so??"

Just before I went to eat Australian steak, the spot gold has also risen, from the position of 1210.0 to the position of 1213.0!

At that time, he was very relieved. Unexpectedly, after eating the steak, the spot gold fell below the 1210.0 position, and even fell to the 1205.0 position!
After eating a steak, the profit in the account was reduced by 8 million US dollars!
Huang Jiawen was very upset in his heart!
There is still 200 pips floating in the account, with a total floating profit of 20 billion U.S. dollars!
At this time, the assistant quickly said: "President, the May ISM manufacturing PMI released by the United States just now, the data is very good, and the spot gold has fallen below 5!"

Huang Jiawen began to panic. Looking at the current gold trend chart, he paused and said, "If the spot gold falls below 1200.0 tonight, we will close the position!"

He didn't expect the situation of spot gold to change so quickly, and the profits in their accounts were getting less and less, so he didn't want to lose money and go out!
"Yes, President!" Everyone cheered up 100% immediately.

Time goes by slowly!
Spot gold has been fluctuating at 1205.0!

After 11 o'clock in the evening, spot gold fell again!
Half an hour later, spot gold fell to the 1200.0 position!

Huang Jiawen's face became more and more gloomy!
"What the hell, what happened to this spot gold, it has become so weak"

The assistant quickly said: "President, do we want to close the position now? There is still a floating surplus of 15 billion US dollars in our account!"

Huang Jiawen was very unwilling in his heart. Their account had changed from a maximum floating profit of 45 billion U.S. dollars to a floating profit of 15 billion U.S. dollars, a total loss of 30 billion U.S. dollars in profit!
"Fuck, labor and capital don't believe it!"

"Wait a little longer, when the spot gold falls below 1200.0, we will close the position immediately!"

"Yes, President!" Everyone looked nervously at the trend chart of spot gold, ready to close their positions at any time!
Time flies, spot gold has not fallen below the 1200.0 position, and has been oscillating in the range of 1200.0 points from 1202.0 to 20.

Finally, at the close, spot gold fell back to the 1200.0 position!

(End of this chapter)

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