I just want to enjoy life

Chapter 727 734 At the Critical Moment, Smashing 100 Million Hands Determines Winning or Losing
Lin Haocang looked at the spot gold oscillating at a high speed at 1255.0, and the corners of his mouth rose slightly.

"It seems that the smashing at the 1265.0 position just now gave the shorts in the market confidence, as if giving them a shot in the arm, telling them that this is the top of spot gold at the 1265.0 position, so that they can rest assured to overthrow those longs them!"

Currently, Lin Haocang holds a short position of 100 million lots of spot gold in his account, with an average opening position of 1260.0, and a fluctuation of one point is a profit and loss of 1000 million US dollars. Now there is a floating profit of 50 points, a total floating profit of 5 million US dollars, and the net value of the account is as high as $255 billion.

After a pause, he got up to pour himself a cup of coffee.

·
At this moment, in the retail halls of Yingda Bank, Hengsheng Bank, Bank of East Asia, Dah Sing Bank, and Fenghui Bank, many walkers looked at the trend chart of spot gold with excited eyes.

Now both long and short sides have started a tug-of-war at 1255.0.

The bulls in the market want to hold the 1255.0 level.

And the shorts in the market want to defeat the bulls at 1255.0 in one fell swoop. After all, many shorts think that the position of 1265.0 is the top of spot gold, because when the spot gold rushed to the position of 1265.0 just now, it was hit hard again and turned around. It fell by 100 points. As long as you know that last Monday, spot gold also rushed to the 1265.0 position, and then began to plummet, with the highest drop of 600 points. One can imagine how terrifying it is.

Now the retail investors in the retail investor hall are divided into two factions, one is bullish on spot gold, and the other is bearish on spot gold.

A bullish retail investor said: "Spot gold just tested the 1265.0 position for the first time tonight. Although it failed and fell by 100 points, it was firmly held at 1255.0. As long as the spot gold goes further One charge up, the short sellers at the 1265.0 position are bound to collapse across the board!"

Another bullish retail investor echoed: "Very reasonable, spot gold will definitely break through the 1265.0 position tonight!"

"It's a good opportunity to enter the market and do long now!"

"Yeah, I've already done 10 more hands!"

"I'm 15 hands long"

"Hey, let me try to go long 20 hands"

····
At this time, a bearish retail investor said: "Spot gold will definitely not go up. It is obviously a big top at 1265.0!"

Another bearish retail investor also said: "Last Monday, spot gold rose to 1265.0 and then plummeted. Do you remember?"

A retail investor said sadly: "Of course I remember, his grandma's, the spot gold plummeted by 600 points that day, I'm so sorry!"

Another retail investor sighed: "It was a massacre by bulls at that time!"

Another retail investor said: "History is so similar! Spot gold may be staged another massacre by bulls tonight!"

"Short!"

"I'm short too!"

"I'm short 15 lots this time!"

"I'm short 30 lots!"

···
Listening to the words of the bearish retail investors, those bullish retail investors were suddenly unhappy, and everyone immediately started arguing!
····
At this moment, Jiangdao Kowloon Building, 17th floor, Kowloon Assets Management Company, Abigail saw the spot gold plummeted by 100 points, and her expression changed drastically!
He just thought that spot gold could break through the 1265.0 position, but he didn't expect that it was smashed down by the short sellers in the blink of an eye!

Their account went from a floating profit of $5 million to a floating loss of $5 million, which made him feel bad.

"Damn short!"

Thinking of last Monday, when the spot gold also rose to 1265.0, there was a continuous plunge, with the highest drop being as high as 600 points. Thinking about it, he had lingering fears, and he was afraid that there would be another such plunge!

Abigail panicked, but he firmly believed that spot gold would break through the 1265.0 position!

···
At this moment, at the Jiangdao branch of Gaosheng Bank, Li Zetai watched the spot gold turn around and fell by 100 points, from 1265.0 to 1255.0, his face sank!
He holds a long position of 100 million lots of spot gold in his account, and currently has a floating profit of 150 points, which is a floating profit of 15 billion US dollars, which is a full 10 billion US dollars less profit than before.

"It's just the first test of the bulls, and those who are short at the 1265.0 position must be finished this time!"

As he said that, he looked at the market fiercely, wishing that the spot gold would soar immediately, breaking through the 1265.0 position, and causing all the short sellers there to collapse!

····
At this moment, Morgan Bank, Jiangdao Branch, Liu Jianhui watched the spot gold drop by 100 points, and his account still had a floating profit of 100 points, with a total floating profit of 10 billion US dollars.

"Are the bears so strong at 1265.0?"

When spot gold rushed to 1265.0 last week, the market suddenly experienced an irreversible plunge, with a drop of as much as 600 points. Fortunately, he ran fast at that time, otherwise he would have lost a lot.

This time when the spot gold rushed to the 1265.0 position again, the spot gold turned around and fell by 100 points to the 1255.0 position. Although the spot gold was supported at the 1255.0 position, he always had a bad premonition in his heart.

"I should be worrying too much. After the Fed announced interest rates, spot gold rose back. If those short sellers are not stupid, they will retreat!"

···
Time passed slowly, at 8:[-] p.m., the American market opened, and spot gold began to rise again.

At present, the bulls in the market seem to have begun to exert their strength again!

After 15 minutes, spot gold rose 50 points, from 1255.0 to 1260.0!

Just when the bulls thought that spot gold would continue to rise, spot gold was suppressed again at 1260.0!
The long and short sides fought fiercely again here, competing for the position of 1260.0.

The trading volume is increasing, and the frequency of fluctuations is increasing. Looking at the high-speed beating K-line on the screen and the rapidly changing numbers, both bulls and bears are very nervous. The pictures on the screen are the true portrayal of their psychological emotions. .

At this time, an economic data was released.

The annual rate of house price index of S&P/CS 6 major cities in the United States in June
Previous value: 2.34%
Forecast: 3.4%
Published value; 3.81%
Good for the dollar and bad for spot gold.

The bears in the market took this opportunity to repel the bulls at 1260.0!

After 20 minutes, spot gold fell back to the 1255.0 position!

But the bulls in the market are also fighting here again, fighting fiercely with the shorts in the market, and the two sides are evenly matched!

·
At this moment in Sky Capital, Lin Haocang watched the spot gold fluctuate around the 1255.0 position, and did not make a move. He was waiting, waiting for the bulls and bears here to consume each other!
After another half an hour, Lin Haocang saw that the strength of the bulls was almost exhausted!

At this critical moment, Lin Haocang made a move and directly shorted 100 million lots of spot gold!

The buying order at 1255.0 was instantly emptied!

It can be said that winning or losing in one fell swoop!

The defense line of the bulls at 1255.0 has completely collapsed!
(End of this chapter)