legendary trader

Chapter 694 Chapter 695 Continue
The gold price launched an upward attack shortly after the opening of the European trading time, and the first target was easily broken through the 300-meter mark.

After the gold price broke through, it did not encounter the counterattack of the short sellers under normal circumstances. Obviously, in a short period of time, in the gold market, the short sellers did not exist for the time being.

When the gold price reached 300 meters, the market briefly ushered in a wave of strong buying. At least Chen Fan believed that it was because the breakthrough in the gold price stimulated some investors. They gave up after seeing the steady rise in the gold price. Be cautious, and started to enter the market to grab more orders. Therefore, the gold price after the breakthrough did not adjust, and the Changyang line was pulled out again, and the gold price rushed to 303 yuan in a short period of time.

Chen Fan is still a relatively contented person. Although he knew that the price of gold still has room to continue to rise, he knew the truth of contentment and happiness, so he didn't let Zhang Yang open a long position in gold.

Until now, he didn't know how many positions Xu Jing had opened. He just allowed her to open long positions crazily when she got the confirmed news last night. Because there was confirmed information, the reason was enough and she could take on a larger position. risks of.

However, of course, it was still not achieved, and many orders were snatched away.

So at this time, Chen Fan will not start to enter the market again because there is still room for price. He just wants to see and learn more about how these predators usually operate. Chen Fan feels that sometimes he sees others manipulating the market. You can also learn a lot.

Chen Fan always felt that it was better to hold his future in his own hands.

He likes the sudden ability, but this thing is too illusory, it can come to him inexplicably, and maybe disappear at some point, learn more things, even if there is no ability in the future, he can still go on. I'm afraid it's almost a mess.

After all, in the financial market, there are no generals who are always victorious, and even the so-called stock gods sometimes make investment mistakes.

Suddenly, the door opened in the quiet trading room, and Zheng Xiaopang came over.

"I knew you were here, hehe"

Zheng Xiaopang opened the door and saw Chen Fan sitting in front of the computer, he smiled and walked over and sat down. After seeing the current gold price clearly, he exclaimed, "Damn it, it's more than 3 yuan."

Chen Fan ignored his yelling and just smiled lightly, "Go to the computer room?"

"Go, I didn't see you, so I knew you must be here." Zheng Xiaopang said.

"Nonsense, the villa is only this big, and the usual activity area is that place." Chen Fan said angrily.

"Hey, look at the current price of gold. If I knew it earlier, I would have bought more. How much money would I have made if I bought it all the way up?"

Zheng Xiaopang still focused on money, looked at the current gold price, shook his head and sighed, "Is there still room? If there is, let's buy more."

"Forget it, if you want to buy, the best buying price is in the early hours of the morning. Although there is still room for it now, it is relatively tasteless, and I think that the sales restriction agreement can only promote such a wave of market prices in the short term. In the long run, it still has more to do with the rice dollar and supply and demand.”

Chen Fan thought about it and said, before when the price was low, he didn't buy it, but now he still buys it when the price of gold has soared, it's silly.

"You just lack aggressiveness. You can make money if you have room to rise. Why don't you increase your position and buy it? How good it is to sell when it is about to reach the top. You have to be cautious. It's a bit too much."

Zheng Xiaopang shook his head, still full of regret, what a great opportunity to make a lot of money, just missed it.

"Why didn't you say it in the early morning?" Chen Fan looked at Zheng Xiaopang and said.

"Forgot." It was still a shameless answer, which made Chen Fan not know how to answer the question for a moment.

However, at this time in the market, it is impossible to continue the violent rise. That is to say, there will be an accelerated upward trend when there is a large-scale entry of funds, and a steady upward trend will prevail at other times.

In the gold market at this time, some people have begun to tentatively short orders, and the number of liquidation orders has also begun to increase. Some prudent investors will accept as soon as they are good, and start to cash in profits.

Although there are no signs of peaking in the gold market, there are still cautious investors leaving the market. From the trend, it can be seen that the rising speed of gold prices has slowed down significantly, and the shocks have also shown signs of intensification.

The trading lasted until evening. After dinner, Chen Fan still stayed in the trading room, watching the trend of gold prices while checking the news on the Internet, searching for today's media reports on the European Central Bank meeting and follow-up analysis.

In the afternoon, Zhang Quan sent a briefing summary of the media reports.

He already knew that the company's headquarters was operating gold, and Chen Fan was in charge. He didn't know what benefits Xu Jing gave. Anyway, today Chen Fan felt that Zhang Quan seemed to be very motivated, and took the initiative to collect and send news related to gold. Give him a look.

Chen Fan also felt very good that his subordinates were able to take the initiative to do things.

After reading those materials, Chen Fan began to browse the domestic websites. At this time, the financial section of the domestic websites has also taken the violent turmoil in the gold market as the main report content for today, and there are all kinds of analysis.

However, most of them still think from the perspective of the central banks of various countries, thinking that the downturn in gold prices has made the central banks of the world's major economies feel uneasy, so they take such actions.

The main purpose of reading these analyzes is that Chen Fan thinks that we should brainstorm. A person's point of view is always limited. Although he is not biased, he should look at other news and learn some useful things from it. beneficial.

Although the domestic and foreign reports were actually relatively superficial, similar to the information Chen Fan received at first, but he still read them carefully.

It was already past 8 o'clock in the evening, and the price of gold also stumbled all the way up to around 310 yuan. It was already early morning in America, and at this time, funds from the US market had begun to join in.

In fact, it does not mean that US funds can only enter the market at this time. After all, the international gold market is a 24-hour rotating market, but this time period is already in the middle and late part of the European market, that is, in the afternoon. It is early in the morning. For investors who don't like to stay up late, it is only now that they start to intervene in the market.

Whether it is Asian, European, or American, it is actually just a popular saying.

Chen Fan doesn't need to continue to interfere with Qualcomm today. Last night, He Li explained the trend of the past two days. Chen Fan didn't intend to intervene in what they did.

After the US funds came in, the international gold price did not immediately choose a direction. It seemed that there was no change in the market, and it was still struggling to rise.

(End of this chapter)