Chapter 8 Short Opportunities in Gold

After Huaqingbao hit the daily limit, more than 300,000 orders were placed, and they remained motionless until the closing at three o'clock.

Su Yu noticed that the trading volume of Huaqingbao after the daily limit was very small, and he knew that the chips in the market were completely locked and there were no large floating chips.

For a moment...

Thinking of the main institutions of this check, he couldn't help but admire the various shocks and washes today.

In Su Yu's view, the trend of Huaqingbao today is textbook-level.

The main traders are very skilled in using the market trend, the nature of retail investors chasing ups and downs, and the emotions in the market to quickly concentrate chips and clean up the floating chips that followed the trend in the early stage of building positions.

He didn't know who the main institution entrenched in Huaqingbao's stock was.

But it must be that it would never be an unknown person.

"Xiao Su, I just checked my stock account, you really scared me!" While Su Yu was thinking, Liu Tianshui sent him a message, "A single-day profit of 100,000 yuan, a profit of about 15%, is simply... unbelievable, awesome, you are really awesome!"

Su Yu saw the chat box message pop up on the computer interface.

He was not too excited, smiled, and replied: "The direction of the market has not really arrived, all this is just the beginning."

Hua Qingbao's daily limit did not bring about a sector effect.

Even the concept sector of "mobile games" has not been focused on by active funds in the market.

Now, only a few major institutions have seen the possible opportunities and are trying to ignite speculation while the market rebounds and the market sentiment improves. The real time for the main line market speculation has not yet arrived.

"Haha... you're right, this is just the beginning!" Liu Tianshui now has complete trust in Su Yu, and said happily, "Then everything... I'll leave it to you, Xiao Su. I'll treat you to a meal some other day. If you need my help, just let me know."

If Su Yu can continue to create such profits for him, then he will be the God of Wealth for him!

He will not hesitate to win over and build a good relationship.

Su Yu replied lightly with a word "OK", and then switched the trading interface to foreign exchange trading, checking the trend of London gold.

During the Asian session, the price of gold fluctuated very little, and Su Yu did not find an opportunity to place an order.

After entering the European trading session, due to the increase in market participants, the volatility and amplitude of gold began to increase, but still did not choose a direction.

It was not until after 6:30 in the evening that the peak of the European trading session began.

Gold began to break out of the narrow fluctuation range of 1570 to 1573 US dollars and break upward.

But Su Yu still did not move at this time.

Knowing that the fundamental trend of gold is downward and that the solid support of $1,500 will be broken sooner or later, he will not make orders that are contrary to the fundamental trend.

He is waiting...

Waiting for a more suitable short-selling opportunity.

With a principal of $144, he only has one chance to sell before the new salary arrives on the 10th, so he must be cautious and cautious.

At 9:30 in the evening, the US trading period arrives.

The fluctuation of gold has become more intense, but the trend on the hourly candlestick chart is still upward overall.

Su Yu continued to search for some real-time information in the market and found that everything was calm. The news that the Central Bank of Cyprus will sell excess gold reserves to raise funds and repay the losses of emergency liquidity assistance has also begun to be positioned as a market rumor and lacks investor attention.

Su Yu continued to look at several trading forums.

Large institutions such as Goldman Sachs and Morgan, as well as many investment and speculative retail groups, interpret the trend of gold prices.

It is found that everyone basically agrees that gold will remain in a high-level oscillation mode, and will continue to attack the upper edge of the oscillation range of $1,800 under the solid support level of $1,500.

"Go long, go long... Gold will definitely continue to rebound to the upper edge of the oscillation range of $1,800 in the future."

"At 2 a.m. last Thursday, under the negative impact of the Federal Reserve's preparation to withdraw from the QE plan early, the gold price stubbornly held the position of $1,500, and finally ushered in a big rebound on Friday, soaring more than 300 points. Now that the negative news has been exhausted and the bears are exhausted, it will definitely not fall again!"

"Yes, the K-line on Friday is the mainstay of the gold price rebound trend."

"From the perspective of game value, this price is only a few dozen dollars away from the support of $1,500, but more than $200 away from the resistance of $1,800 above, which is definitely a profit space for going long. Big. "

"Since the gold price has held the support of $1,500 under the negative situation, it will definitely not return to the price of $1,500 in a short time."

"In the analysis report of Goldman Sachs Group, the target price for this year's gold price is also around $1,800."

"Not only Goldman Sachs Group, but other large international institutions with huge positions are also optimistic about the future performance of gold prices. Although the European and American economies are recovering slowly, the global inflation rate has not slowed down. Under relative risks, holding currency is not as good as holding gold."

In these various bullish analyses...

Su Yu felt that the market expectations were too consistent and the long positions were heavy, and such a phenomenon was often not a good thing.

After all, for the bulls.

Market expectations are consistent, and everyone holds heavy positions, which proves that there are not many incremental positions in the market to continue to promote the market.

Futures and foreign exchange markets are more like a zero-sum game financial market.

The bulls who enter the market are potential bears.

There is often only a thin line between the long and short positions.

"The market's consistent expectations are too strong. It seems that... it is difficult for gold to develop a sustained long market here." Su Yu's eyes were bright, and he switched the computer interface back to the London gold trading interface, saying secretly, "The vast majority of market traders now believe that the support of $1,500 will not be broken, which just proves that this is an excellent long harvesting point."

"If I am a major short-selling institution."

"With the help of bad news, it is bound to cause the confidence of bulls to be shattered again here."

"Thereby leading to the stampede of long positions in the entire market."

"Under consistent expectations, the heavy long position situation, if it can Destroyed in one fell swoop, causing bulls to trample on each other, it will be a huge bear market. "

"The price of gold will inevitably show a trend of continuous collapse."

"Yes, yes..." Su Yu looked at the London gold still fluctuating upward and slowly attacking, and was very excited. "The fundamentals are bearish, and the long positions are heavy. There is no spare energy to continue to increase positions on a large scale. The psychological defense line of the bulls at $1,500 is right in front of us... All opportunities show that this is the best position for the long and short trends to completely reverse, destroy the confidence of the bulls, and grab the market's huge profits. "

"It won't be wrong, it won't be wrong!"

Su Yu whispered twice, and the look in his eyes became brighter and brighter.

Through analysis, he knew that gold was very likely to produce a very large bear market here, and the time for the market to start should not be too far from now.

After all, although the market's bullish sentiment is sufficient, the bulls' upward attack has already appeared quite weak on the market.

"It's a pity... no matter how big the market is, I can't make much with this amount of capital." Su Yu suppressed the excitement in his heart, looked at the $144 in his account, and felt helpless.

Originally, he just wanted to use the $144 capital to make some quick money in the volatile market of gold to make up for his living expenses.

Unexpectedly, he found a huge short opportunity in gold.

Now, in the face of such an excellent short opportunity, using this $144 to operate again would seem to be a waste of market and opportunity.

After all, such a short opportunity is hard to come by even in a year or two.

"A good cook cannot cook without rice. I didn't understand it before, but now... I finally understand it." Su Yu couldn't help but sigh.

However, just when he was sighing...

On the instant messaging software he logged into, Liu Tianshui sent another message: "Xiao Su, I just looked through the relevant market information of Huaqingbao stock and found that it has a lot of potential benefits, and the market attention is rapidly rising. There is a high probability that there will be a market tomorrow. Your stock selection is really amazing!"

Su Yu saw that the other party had not slept yet and was still excited during the day. He was a little speechless for a while.

However... he thought about it carefully and could understand it.

After all, although it was his own account, it was also the other party's largest profit in the stock market in one day in the past year. Excitement and excitement were also reasonable.

"Thank you for the compliment, Mr. Liu." Su Yu replied lightly.

After thinking for a while, he had an idea and typed again: "Mr. Liu, I will operate your account carefully and try my best to help you turn losses into profits, but now... I have some urgent special situations and may need money urgently. Can you use my 30,000 yuan first?"

"The 30,000 yuan I will use in advance..."

"When the time comes, after the trading agreement is over, you can deduct it directly from my profit share."

"Of course, if the final profit share is not enough to deduct the 30,000 yuan, I will When the time comes, I will return it to you in the form of a loan. "

"Xiao Su, what are you talking about?" Liu Tianshui hurriedly replied, "You help me make money, and since there is an emergency and I can help, then I should help."

"You helped me make more than 100,000 yuan a day."

"Don't say that you have to withdraw 30,000 yuan from me because of an emergency. Even if it is 100,000 yuan, I will not say anything."

Liu Tianshui is now in a state of excitement. For Su Yu, he regards him as the future God of Wealth, so naturally he will not refuse to help even this little bit.

"Thank you, Mr. Liu!" Su Yu responded.

Liu Tianshui laughed and replied, "Send me the bank card number and I will transfer it to you immediately."

Since Su Yu had said it, he naturally did not hesitate and sent a bank card number he often used to Liu Tianshui.

Then...

About five minutes later, 30,000 yuan was credited.