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Chapter 730 737 Liu Jianhui retreated to save his life and lost 20 billion US dollars

Chapter 730 737 Liu Jianhui retreated to save his life and lost 20 billion US dollars

At this moment, at the Jiangdao Branch of Gaosheng Bank, Li Zetai looked at the trend chart of spot gold and was shocked!
Unexpectedly, spot gold fell sharply again, from 1240.0 to 1230.0.

Spot gold hit a new low again.

The floating loss in his account is increasing, and now he holds a long position of 100 million lots of spot gold in the account, which is already a floating loss of 10 billion US dollars.

"Yeah, what the hell is going on!"

"I hate labor and capital!"

今天现货黄金在1235.0到1240.0这50个点的区间里震荡了大半天了,他以为在刚才现货黄金再次上涨至1240.0位置的时候,会冲破1240.0位置,然后往1250.0位置涨去呢!
Unexpectedly, it suddenly suffered a heavy blow, and directly fell below the support position of 1235.0, and fell to the position of 1230.0.

The shorts in the market are too strong.

This simply broke his heart and made him despair!

"Why are bulls so vulnerable?"

"Ugh!"

Li Zetai sighed, carefully looked at the daily chart of spot gold, and found a trace of confidence supporting him to continue to resist the order!
"The 1230.0 position is the support position formed by the 20 moving average in the daily chart, and I hope it can be fully supported!"

Spot gold fell below the 5 moving average, fell below the 10 moving average, and now it has fallen to around the 20 moving average. He hopes that spot gold will be supported here, and then if the shorts in the market retreat, spot gold will rise back .

Now Li Zetai is no longer looking forward to earning 40 billion US dollars as before. This time he can make no loss, and he is satisfied.

·······
At this moment, at the Jiangdao Branch of Morgan Bank, Liu Jianhui looked at the computer screen in shock. Just now, the spot gold has plummeted again!

Now it has fallen to 1230.0, and he holds a long position of 100 million lots of spot gold in his account, with a floating loss of 15 billion US dollars!

Before, he thought that spot gold could hold the 1235.0 position, but he did not expect that the long line of defense at the 1235.0 position was still broken by the short positions in the market.

It can be said that the bulls have suffered a complete defeat now.

Seeing a floating loss of 15 billion US dollars in the account, he felt extremely uncomfortable!
I really regret why I didn't close the position last Thursday or Friday, I have to be greedy, and now, my account has a floating loss of 15 billion US dollars, and it is difficult for him to cut the meat.

At this time, he looked at the daily chart, and the position of 1230.0 happened to be near the support position formed by the 20 moving average, and he felt a lot of luck in his heart.

"Oh, wait a little longer!"

"Perhaps, spot gold will be fully supported at 1230.0"

"If you cut the meat and close the position now, you may lose money in vain"

"It's only a floating loss of 15 billion US dollars, which is not a lot, let's fight for another day!"

After all, spot gold went up and down sharply on Tuesday and Wednesday last week, and his account also showed floating losses and sometimes profits.

This has all been resisted, and now it is nothing to resist for another day.

···
Time passed slowly, and spot gold was also supported at 1230.0.

There are a large number of bulls entering the market to do long spot gold, and they have firmly defended the attack of the bears, and the situation has become stalemate.

Half an hour later, the bulls began to counterattack, and the spot gold rose by 50 points, rushing to the 1230.0 position and rising to the 1235.0 position!

·
At this moment, at Sky Capital, Lin Haocang frowned slightly as he saw that the spot gold rose by 50 points, causing him to lose a profit of 10 billion US dollars in his account.

Around the 1230.0 position, the bulls formed a new line of defense.

It seems that it will be difficult for spot gold to fall below 1230.0 tonight.

So Lin Haocang got up and poured a cup of coffee.

···
At this moment, at the Jiangdao branch of Gaosheng Bank, Li Zetai watched the spot gold rise back to the 1235.0 position, and his face suddenly showed joy!

Sure enough, it is correct to continue to resist.

Now there is only a floating loss of US$5 million in his account. When the spot gold rises by 50 points and reaches above 1240.0, the floating loss in his account will also become a floating profit.

"Let labor and capital continue to rise, it is best to rush to the 1260.0 position, and I will close the position at that time!"

Now he sees a lot of hope in his heart, and the requirements for this operation have been improved, and he expects to earn 10 billion to 15 billion US dollars!
·
At this moment, Abigail, a large asset management company, watched the spot gold rise to 1235.0, his face changed, and he looked at the trend chart of spot gold with a worried face, fearing that the spot gold would continue to rise!

The profit of 5 million US dollars in their account is gone, and there is no loss or profit at present.

The assistant at the side saw Abigail's face full of worry, so he said cautiously: "President, the spot gold will definitely not go up. Don't worry, the short sellers in the market will definitely sell the spot gold again!"

After listening, Abigail nodded.

·
At this moment, Morgan Bank, Jiangdao branch, Liu Jianhui looked at the spot gold rose by 50 points, his face showed joy, he guessed right, the spot gold will definitely be supported at 1230.0, and then it will rise.

Now the spot gold has returned to the position of 1235.0, and there is still a floating loss of 10 billion US dollars in his account, which makes him find a lot of confidence.

Time passed slowly.

At this time, the United States announced an economic data,
July Chicago PMI in the United States
Previous value: 61.4
Predicted value: 59
Published value: 60
It is a barometer that reflects the comprehensive development of the manufacturing industry in production, orders, prices, employees, delivery and other aspects.The Chicago Purchasing Managers Index is the most important part of the National Purchasing Managers Index. It is usually released before the release of the National Purchasing Managers Index.The Chicago Purchasing Managers Index is expressed as a percentage, and 50% is often used as the cut-off point for economic strength: that is, when the index is above 50%, it is considered to be an expansion of the manufacturing industry. When the index is below 50%, especially When it is very close to 40%, there are worries about economic depression.The Chicago Purchasing Managers Index is also a very important subsidiary indicator among the leading indicators, and the market pays more attention to this data.

This data is bullish for the dollar and bearish for spot gold!
The short sellers in the market immediately exerted their strength. Three minutes later, the spot gold fell by 3 points, from 50 to 1235.0!

Short menacing ah!
Seeing that spot gold may fall below 1230.0 at any time, Liu Jianhui's expression changed drastically!
"I can't continue to resist, retreating now can save my life!"

He gritted his teeth and quickly started to close the position!

Spot gold fell below the 1230.0 position under his closing position, and 20 minutes later, it fell to the 1220.0 position!

The average closing position of the long positions of 100 million lots of spot gold in his account was 1225.0, and he lost 200 pips, totaling a loss of 20 billion US dollars!
Heartache, unbelievable heartache!

Liu Jianhui slapped himself hard, and then left the office.

(End of this chapter)

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