I just want to enjoy life

Chapter 708 715 Smashed spot gold, with a floating profit of 10 billion U.S. dollars

The next day, August 8nd, Monday, Lin Haocang got up very early, came to the Sky Capital Center, and opened up the trend charts of various foreign exchange varieties.

Finally, I chose the spot gold trend chart!

Spot gold rose sharply for two consecutive days last Thursday and last Friday, with a total increase of 350 points, from 1220.0 to 1255.0!

At present, spot gold is fluctuating around the 1255.0 position!

It's not time to open a position, so we have to wait!

Time flew by, and after lunch at noon, Lin Haocang fell asleep again.

When I woke up, it was already 1255.0 o'clock in the afternoon, and I found that the spot gold was slowly rising from the position of 1260.0 to the position of [-]!
Lin Haocang is not in a hurry to build a position either!

Grab a cup of tea and drink it slowly!

Time flies, and at 6 o'clock in the evening, spot gold rose again!
Fifteen minutes later it was up another 15 points, from 50 to 1260.0!

Lin Haocang made a decisive decision and directly shorted 100 million lots of spot gold!

His 100-lot spot gold short order fell into the market, and immediately consumed all the buying orders in the market, and the spot gold turned around and plummeted!

After 5 minutes, it plummeted by 100 points!

From 1265.0 position to 1255.0 position!

At present, Lin Haocang holds a short position of 100 million lots of spot gold in his account. The average opening position fluctuates by one point at 1260.0, which is a profit and loss of 1000 million US dollars. Currently, the floating profit is 50 points, and the total floating profit is 5 million US dollars!

Looking at the time, it was already time for dinner. Lin Haocang got up and left the office when he heard that there was a Japanese dinner in the restaurant of the Sky Capital Center.

···
Today spot gold first rose by 100 points, but now spot gold suddenly turned around and plummeted by 100 points, which caused a sense of unease in the market!

And those short-term bulls are afraid!

They are all short-term, and if they get more than a dozen points, or dozens of points of profit, they will run away. Now spot gold suddenly turned around and plummeted by 100 points, which led to many short-term short-term buying following the trend today. We are all trapped!

In Yingda Bank, Fenghui Bank, Hengsheng Bank... these retail trading halls, the retail investors are lamenting!
A retail investor sighed and said: "Oh, if I knew it earlier, I would have closed my position in the afternoon, and now it's a floating loss!"

Another retail investor said with great heartache: "Yes, people are too greedy. I used to have a floating profit of 5 US dollars, but now I have a floating loss of 5 US dollars. Damn it!"

Another retail investor said sadly: "Lao-management bought 1265.0 lots at 5 just now. Unexpectedly, the spot gold turned around and plummeted by 100 points in a blink of an eye, with a floating profit of 5000 US dollars. It is really a loss for labor-management!"

Another retail investor said: "Oh, me too, I just bought 1265.0 lots at 10, and now there is a floating loss of 1 US dollars in my account, I am so mad!"

At this time, an old retail investor darkened his face and said: "Why panic, it's just a temporary plunge, and it will rise back soon!"

"Tonight, the United States will announce two important economic data!"

"Spot gold will definitely skyrocket by then!"

"I have $5 floating in my account, so I'm not panicking at all!"

`This retail investor immediately gave other retail investors a bloodbath. Everyone has found a lot of confidence and continues to hold it!

·
At this moment, Li Zetai, the branch of Gaosheng Bank in Jiangdao, his eyes are firmly fixed on the trend chart of spot gold!

Just now gold suddenly plummeted by 100 points, from 1265.0 to 1255.0, which made him a little worried!

"After 8:[-] p.m., the United States will announce two important economic data. It should be that some bulls are worried that the two economic data released tonight will be good and bearish for spot gold, so let's close the long positions in the account in advance!"

"Hehe, that's stupid!"

Some time ago, he was long USD/CAD, and after he came back from a date with his girlfriend, he still made $25 billion!
Then he went on a secret date with Lushi's lover in Singapore for a week!
During this period of time, he was really happy to death!

And last Friday, Li Zetai did a large-scale long position on spot gold. He currently holds a long position of 100 lots of spot gold in his account. The average opening position is at 1250.0. A profit of 50 million US dollars!
"Hey, it's dinner time, let's go to dinner first!"

Swinging his arms left and right, he got up and left the trading room.

·
Time passed, and spot gold began to fall again. At 7:50 in the evening, spot gold dropped another 1255.0 points, from 1250.0 to [-]!
But it is temporarily supported here!

At this moment, there is panic in the retail trading rooms of Yingda Bank, Huifeng Bank, and Hengsheng Bank!
These ultra-short-term retail investors look extremely worried!

"Be sure to support it!"

"Don't fall below 1250.0 again!"

"Give labor and wages a raise!"

"Well, I lost even more, what should I do now?"

"Oh, why don't you close your position?"

"Timely stop loss is the kingly way!"

Many people are terrified in their hearts. Seeing more and more floating losses in their accounts, they will not be able to bear it psychologically!
At this time, the old retail investor stood up again and said: "Now spot gold is supported at 1250.0, don't panic! The drop is only temporary. The US economic data released tonight must be very bad, and spot gold will definitely skyrocket. And today’s short sellers must all be trapped!”

His words made everyone find their confidence again, and a lot of courage was born deep in their hearts!
"Yes, yes, spot gold has been supported, why panic!"

"Isn't it just a floating loss of 150 points!"

"Don't panic!"

"Yes, don't panic. The sharp drop in spot gold is only temporary. Tonight's economic data in the United States will make those short sellers who are short spot gold cry to the toilet!"

"Yes, I curse that the economic data of the United States is very, very bad!"

"Well, continue to resist, I don't believe that spot gold can still fall below 1250.0?"

"The position of 1250.0 is the place where the market's main bulls sweep their goods, so don't panic!"

···
··At the Sky Capital Center, Lin Haocang had dinner and returned to the office. Seeing that the spot gold had fallen to 1250.0, his face showed a smile!
At present, his account has a floating profit of 100 points, a total floating profit of 10 billion U.S. dollars, and the net value of the account is as high as 190 billion U.S. dollars.

"I'm afraid there will be another plunge tonight!"

Although the spot gold is temporarily supported at 1250.0 at this moment, if the economic data of the United States is bad, then the spot gold will definitely have a bigger plunge tonight!

Thinking of this, Lin Haocang was looking forward to it, so he got up and poured a cup of Mocha coffee, and sipped it slowly.

(End of this chapter)