At this moment, Li Zetai, who had just had dinner, came back to see this scene and felt a little angry. Unexpectedly, spot gold fell by another 50 points during his dinner!

All the profits in his account have disappeared.

"hateful!"

"I'm going to see if you can still fall below the 1250.0 position?"

Last Thursday, spot gold rose sharply for two consecutive days last Friday, which is an extremely strong trend chart.

It will definitely rise back tonight!

He is very much looking forward to the two important US economic data to be released soon!

If the economic data is still bad, spot gold will definitely return to above 1265.0!

Time flies, and spot gold has been fluctuating around 1250.0. At 8 o'clock in the evening, the American market will open!

The fluctuations in spot gold are getting faster and faster, and the trading volume is also increasing!

Li Zetai is very nervous and looks forward to it!

Suddenly, spot gold began to rise, rising by 30 points in just 3 minutes, from 1250.0 to 1253.0!

Now he holds a long position of 1 million spot gold in his account, and currently has a floating profit of 30 points, totaling a floating profit of 300 million US dollars!

Shortly after the opening of the American market, spot gold finally began to rise.

"good!"

"Give labor and capital to continue to rise!"

However, 15 minutes later, spot gold fell by another 30 points, falling from 1253.0 to 1250.0.

The profit in the account disappeared again, which made Li Zetai's face a little gloomy!

"Give labor and capital to rise again!"

He couldn't help but hold his hands tightly and stare at the trend chart of spot gold.

Although spot gold was supported again at 1250.0, it did not rise either!

As time passes every second, the bulls and bears exchange fierce fires near the 1250.0 position.

It finally arrived at half past eight!

The United States has released an important economic data!

Monthly rate of personal expenditure in the United States in July

Previous value: 0.1%

Predicted value: 0.1%

Published value: 0.2%

Personal consumption expenditure is used to measure changes in the total amount consumers spend in consumer goods and services. Since consumption is today the largest part of the US GDP, personal expenditure is a key indicator of economic growth. It is also related to consumer confidence. If the indicator is higher than expected, the US dollar should be considered strong and bullish, while if the indicator is lower than expected, the US dollar should be considered weak and bearish.

This economic data is very beneficial to the US dollar, the US dollar index rises sharply, and the US dollar currency pair strengthens across the board.

And a big negative gold and silver!

Spot gold began to plummet!

It fell below the 1250.0 position in an instant.

The defense line formed by the bulls near the 1250.0 position has completely collapsed.

Spot gold fell 120 points in 15 minutes, from 1250.0 to 1238.0.

There is a super big negative line in the 15-minute trend chart!

Li Zetai looked at this scene in a daze, and his whole head seemed to be hit hard, and he temporarily lost his ability to react!

A few seconds later, his face changed drastically, a large amount of sweat appeared on his forehead, and cold sweat began to appear on his back!

He murmured to himself: "How is this possible?"

"Is that!"

"Cao!!"

Now he has a long position of 1 million spot gold in his account, and has already lost 120 points, totaling 1.2 billion US dollars.

This was so furious that he was so angry that his lungs were very uncomfortable.

Now spot gold is so weak, and the market is full of selling orders. He cannot close his position and does not want to admit defeat like this.

Continue to fight!

Anyway, I made $2.5 billion some time ago, and losing some this time is nothing.

Li Zetai looked at the trend chart of spot gold with fierce eyes.

···

At this moment, Lin Haocang watched the spot gold plummet by 120 points, and he drank the coffee happily in his heart.

Now he holds a short position of 1 million spot gold in his account, and now he has a floating profit of 220 points, with a total floating profit of 2.2 billion US dollars!

The net value of the account has broken through the $20 billion mark, which has reached $20.2 billion!

"The bulls will completely collapse tonight!"

"I don't know how much spot gold will fall tonight!"

Looking at the empty coffee cup, Lin Haocang got up and poured another cup of coffee!

··

At this moment, in the retail trading halls of Yingda Bank, Fenghui Bank, and Hengsheng Bank, retail investors were full of pain and sadness!

I never expected that spot gold would continue to plummet again, and it all fell to 1238.0. This is simply a fatal matter.

Everyone's accounts are full of losses, and many people have lost their positions.

"Oh, what, spot gold has plummeted so much again, and the labor and capital accounts have all been liquidated."

"Oh, so is mine. My account was liquidated just now. I should have stopped the loss long ago."

"Is it? Labor and capital are now losing $150,000 in its accounts."

"My floating loss is $400,000"

· "I shouldn't have listened to slander."

"Yes, I shouldn't have listened to Lao Liu before, saying that the US economic data would be very poor at night, which led to a surge in spot gold. Now, the US economic data is very good, and spot gold has fallen into the sky."

"Oh, it's all Lao Liu's fault."

"Hey, where did Lao Liu go?"

"I guess it's a liquidated position. I heard him say that he had made 200 lots of spot gold, but he just lost $200,000."

At this moment, Lao Liu left the retail trading hall in shame, his account was liquidated, and he lost $220,000. He felt so distressed that he had no face to face everyone's reproach.

··

At this moment, Liu Jianhui, the Jiangdao branch of Mogeng Bank, watched the spot gold plummet to 1238.0, and his face was very serious!

He was long in spot gold two weeks ago. He currently holds a long position of 1 million spot gold in his account. The average position is 1230.0. One point of fluctuation is a profit and loss of US$10 million. Currently, there are 80 points floating profits, totaling US$800 million.

He was very regretful, why didn’t close the position this morning!

You should know that spot gold reached the 1265.0 position at that time. At that time, there were 350 points in his account, with a total floating profit of US$3.5 billion. He wanted to wait until the floating profit of US$4 billion before closing the position. He never expected that spot gold would turn around and fall shortly after the European session of the market opened, and then it kept falling, falling, falling, and falling to the current 1238.0 position. The profit in his account was really a heavy loss.

"Oh, it's really unbearable to be too greedy."

"Closing your position early can earn at least 3 billion."

"It's time to get 300 million, it's hard to make 300 million."

Spot gold is very weak now, and it is difficult for him to close his position. Once he closes his position, spot gold will inevitably plummet further.

Time passed slowly. By nine o'clock, spot gold rose by 20 points, from 1238.0 to 1240.0, and stood firm at 1240.0.

Currently, there are 100 points in the account, with a total floating profit of US$1 billion, which makes Liu Jianhui feel much better.

Time passed slowly, and at 9:30, the United States once again released an important economic data.

The United States' core PCE price index monthly rate in July

Previous value: 0%

Published value: 0.1%

Predicted value: 0.2%

The core PCE price index is a key indicator for measuring inflation in the United States. It was first introduced by the Economic Analysis Bureau of the US Department of Commerce and was adopted by the Federal Open Market Committee (Fomc), the decision-making body of the Federal Reserve, as a major indicator for measuring inflation. Last year, the Federal Reserve set the annual increase of the core PCE by 2% as a long-term inflation target, and since then it announced that the Federal Reserve also has a clear inflation target. If the annual increase of the core PCE by more than 2%, the Federal Reserve will tighten monetary policy, which is beneficial to the US dollar.

This data is once again good for the US dollar and bad for spot gold!

This caused the already fragile spot gold to fall again!

It fell by 50 points in 10 minutes, falling from 1240.0 to 1235.0!
To be continued...