"Why is this happening? You liars, didn't you say yesterday that you would never make an absolute decision today..."
This sentence reflects the sentiments of many people in the trading hall at this time. Yesterday, it was said that it would still fall today because the International Monetary Fund meeting would not make a decision. Why was it passed today?
Some people are irrational because they have lost all their belongings and even the pension they have saved for so long has been reimbursed.
Someone was smashing the tables and chairs in the trading floor, because in addition to the lost property, he also lost a large sum of money.
Someone quietly walked out of the trading floor. His heart was dead, because he had owed an amount that would never be repaid in his lifetime, and the only thing waiting for him was to commit suicide by jumping off the building.
In the VIP room on the second floor of the trading floor, Sean watched all this with a cold eye through the window. It was not Sean's inner indifference, because even an executioner with blood on his hands still had an inner bottom line; this was not what Sean wanted.
To be seen.
But Sean knows very well that since people live in this world, they must be responsible for their own actions. No matter what, since you have done it, you must bear the corresponding consequences.
Just like a popular saying in Capital: If capital has 50% profit, it will take desperate risks; if it has 100% profit, it will dare to trample all laws in the world; if it has 300% profit, it will dare to trample on all laws in the world.
, it dares to commit any crime, even risking being hanged.
In Sean's mind, this sentence actually covers everything downstairs. Everyone can see the high profits of the futures market and covet it. Since you dare to enter, it means that you are ready to welcome the new market.
challenge.
Sean knew that tomorrow's newspapers would definitely contain information about the president of a certain institution jumping off a building, because just a second before the International Monetary Fund made its decision, the short-selling institution was still in a stalemate with the bulls, and the battle was fierce.
The price on the big screen in the middle of the VIP room was constantly changing. For more than a minute while Sean was paying attention to the commotion downstairs, the price of gold per ounce on the market rose linearly from 313 US dollars, which can be said to be almost a second.
If the price is set, the funds that want to continue to enter the market and follow the market cannot keep up with the rising price.
"It's close to the $320 mark. Let's see if we can go up. If there is a surge of momentum, it will be smooth sailing after passing the $320 mark. If we can't go up, the multi-party funds will be at $320."
The position of twenty dollars is hovering and waiting for the arrival of a wave." Carefully observing the trend of the market, the big bullish news of the decision made at the meeting has begun to be diluted. Although there was no one else in the VIP room, Sean still made his own decision
Prediction.
The price of gold per ounce continues to rise from US$313. The range of US$313 to US$320 is enough to absorb the first round of impact brought by this bullish news, so it is not surprising that Sean made this decision.
According to Sean's judgment, this wave of rising momentum is almost over. It depends on whether the multi-party institutions can take advantage of the victory and directly suppress the short parties, causing the huge short positions held by the short parties to explode.
"Talk too much!" Sean patted his cheek gently with his right hand, and Sean even thought it was a bit funny.
The entire market is completely controlled by multiple parties, and all the funds currently entering the market are following suit. When no one is shorting, it is impossible for the multiple parties to make a profit, because there are no hedging funds, and all that is left for the multiple parties is the daily amount on the books.
Profits, but cannot be cashed out, and it is very simple to cash out, that is, continue to let the price of gold rise, and let all short-side institutions that have almost opened positions around the $320 mark liquidate their positions, releasing a burst of explosive energy.
Warehouse receipts are where the profits of these multi-party institutions lie.
It’s no wonder that Sean finds this funny, because this situation is imperative. If you don’t do this, the bulls will be doing useless work. No matter how high the accumulated book profits are, it is better to just settle down and be safe...
"It's really cruel. It doesn't give the opponent a chance to escape at all!" Sean shook his head and made his own evaluation while closely watching the market trend.
Major institutions from multiple parties continued to jump into positions above the price of gold and continued to push up the price of gold. They placed a large order of one million US dollars at 318.3 US dollars. In the next step, they directly opened a large position of one million US dollars at 318.7 US dollars.
In addition to revealing some kind of information, this kind of jumping large order also tells the short-selling institutions to cut off the profits and leave as soon as possible, otherwise the position will be liquidated next.
However, the short institutions obviously do not want to admit defeat. In addition to the earlier-than-expected decision, for them, the seven-dollar range is enough for the market to digest the good news of canceling the gold standard system, even if the gold price reaches $390,
This only allows the market to digest their book profits, which is nothing more than a futile effort for them.
But the current situation is different. The bulls want to take advantage of this stock trend to break through the $320 mark, because the $320 mark is a dividing line. Below $320, most short-side institutions
They are still acceptable, and even some short-side institutions that have opened positions at high levels can still encourage support.
If this threshold is passed, it is inevitable that the short-side institutions that have built positions at high positions will be liquidated one after another. This will trigger a chain reaction, and the short-side will undoubtedly die.
This is also what Sean predicted, why he said that as long as it passes the $320 mark, everything will be smooth sailing.
As the gold price per ounce was getting closer and closer to the $320 mark, Sean decisively chose to exit the position because the next result was already predictable.
The short side has not responded yet, and is obviously preparing to regroup at $320. Moreover, the time for the real bullish news of canceling the gold standard system to break out has not yet arrived, because this is only the first day.
The impact of the news of canceling the gold standard system is comprehensive. It not only affects the gold futures market, but also affects the gold futures market first because of the particularity of this market.
The futures and stock markets must be the first to feel this kind of news, and the second is the international currency market. The consequences of canceling the gold standard system are obviously expected, and the decline of the US dollar is inevitable.
In another era, the fall of the U.S. dollar means that the U.S. economy is beginning to decline, and the gradual decline of the U.S. dollar is extremely beneficial to the world economy, because it will help alleviate the problem of global current account imbalances and will also support the U.S. economy in the event of a crisis in the United States.
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