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716 Crazy Plunge, Gaining $4.9 Billion(2/2)

Spot gold hit a new low again!

Seeing that there were still 50 points in the account, with a total floating profit of US$500 million, Liu Jianhui gritted his teeth.

"Can't continue to take it!"

Liu Jianhui immediately began to close his position!

Under his closing position, spot gold began a new round of sharp decline!

After 20 minutes, spot gold fell by a total of 100 points!

Decline from 1235.0 to 1225.0!

This time, the long positions of the 1 million spot gold in his account were closed at 1231.0, making 10 points, making a total of 10 million US dollars!

"Huh, $100 million is OK, at least this time it's making money."

Last time in the USD/Canada, he was too greedy and his account went from a floating profit of US$3.5 billion to no profit. This time he learned his lesson!

After looking at the spot gold temporarily supported at 1225.0, he shook his head and left the office!

···

At this moment, Lin Haocang was extremely happy to see the spot gold plummeting so much again!

Unexpectedly, after the United States released an economic data, a new round of spot gold plummeted, and it all fell to 1225.0!

Obviously it was caused by the closing of the large long positions in the market!

Now he holds a short position of 1 million spot gold in his account, with a floating profit of 350 points, totaling US$3.5 billion.

The net value of the account is as high as US$21.5 billion.

Lin Haocang drank the coffee in his hand again, and then poured a cup of boiled water.

··

At this moment, Ejima Gaosheng Bank, Li Zetai looked at this scene with fear!

Spot gold plummeted by 150 points just now!

All fell to 1225.0.

He holds a long position of 1 million spot gold in his account, with an average position building at 1250.0. Now he has a floating loss of 250 points, with a total floating loss of 2.5 billion US dollars.

Last time he made $2.5 billion in USD/Canada, but he didn't expect to fall a big fuss this time.

If you want to close your position, you may lose $3 billion.

Thinking of this, Li Zetai was extremely angry, his eyes were a little red, his hands tightly grasped it, and his nails were about to fall into his flesh.

"Is that damn spot gold"

“Management is so stupid”

"Oh, why is the economic data of the United States so good tonight? Labor and capital curses that your economy is collapsed."

"Is it? I hate labor and capital, I hate it."

He wanted to close his position, but he couldn't take action. If he closed his position now, it would be like he personally cut a piece of meat on his body.

As time passes slowly, spot gold has been fluctuating around 1225.0.

At 11 o'clock in the evening, the United States released another economic data.

US Dallas Fed Business Activity Index in July

Previous value: 3.2

Predicted value: 3.2

Announced value: 4

The data is above 0, which means that the field is expanding, otherwise it means a recession. The sub-item data include: capacity utilization, new orders, raw material payment prices, shipment, finished product prices, and employment index. The export of manufacturing products in the region is mainly concentrated in energy production and electronic products. The export of manufacturing industries in the region accounts for a large proportion of the export of manufacturing industries in the United States. Manufacturing is the leading industry in the United States economy and can reflect the trends of the United States economy to some extent.

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

This gave the spot gold, which was already worse, another heavy blow!

15 minutes later, spot gold plummeted by 80 points, falling from 1225.0 to 1217.0!

···

At this moment, Lin Haocang looked at this scene and showed a satisfied smile. He currently holds a long position of 1 million spot gold in his account, with a floating profit of 430 points, a total floating profit of 4.3 billion US dollars, and the net value of the account is as high as US$22.3 billion.

"I'm afraid it's going to fall."

"No hurry to close the position"

So he drank the boiled water in the cup in one go.

··

At this moment, Gaosheng Bank Jiangdao Branch, Li Zetai looked at this scene with fear on his face, and was so scared that he was scattered.

Spot gold actually fell to 1217.0!

"Is it, Is it, Is it?"

He felt like he was going crazy.

Blood is dripping from inside.

There are already 330 points in the account, with a total of 3.3 billion US dollars.

"I don't believe it anymore. Where else can you fall to!"

After 5 minutes, spot gold fell by 20 points again, falling to 1215.0!

Li Zetai couldn't help it anymore!

He closed his position wildly!

Spot gold began a new round of sharp decline due to its closing position.

After 20 minutes, spot gold fell to 1205.0!

The 1 million long orders in his account have an average closing position of 121.0, losing a total of 400 points and a loss of US$4 billion.

Li Zetai looked at the ceiling with empty eyes, motionless, and his expression was extremely numb!

··

Today, spot gold plummeted from the highest 1265.0 position to the current 1205.0 position, plummeting by 600 points!

Shocked the world!

"Spot gold plummeted by 600 points!"

"Today is a massacre of bulls!"

"The US economic data is super good, the US dollar index soared, spot gold and spot silver all experienced serious surges, and countless bulls lost their positions during this period."

"All the economic data released by the United States tonight are negative for gold and silver, causing spot gold to plummet all the way tonight!"

"Today's spot gold fell by as much as 4.7%!"

"Spot gold trading volume hits a record high in three months!"

"The bulls collapsed today!"

····

At this moment, Lin Haocang, Jiangdao Cangqiong Capital Center, watched the spot gold plummet to 1205.0, and immediately closed all short orders in the account without any ambiguity!

Spot gold soared by 120 points under Lin Haocang's closing position, from 1205.0 to 1217.0!

The 1 million short orders in Lin Haocang's account had an average closing position of 1211.0, earning 490 points, earning a total of US$4.9 billion!
Chapter completed!
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