legendary trader

Chapter 681
Xu Jing used to mainly operate London gold, after all, it is the largest gold spot trading market in the world, while the United States mainly trades gold futures. Although the so-called spot trading in London is actually very different from futures trading, the main reason is that The so-called spot trading does not have the time limit of futures, but there are spreads and interest, because traders also need to have income.

Relatively speaking, the cost of trading London gold is actually slightly higher, but it can be held for a long time. The most important thing is that London gold has realized online trading, unlike the Yorktown gold trading market, which is a relatively independent domestic trading system. Although Chen It is also possible to conduct American gold transactions in Huaguo, but there is a need for a transfer in the middle.

Because he planned to go to the resort after dinner, Chen Fan turned on the computer directly in the study at home to check this year's gold market.

This year’s gold market actually continued last year’s trend, and the overall trend was weak. In the first half of the year, it made a three-month downward platform adjustment below 290 yuan. 280 meters yuan pass.

After that, the price of gold went from bad to worse, and the low point began to innovate continuously. By September, it had fallen above 9 yuan. Here, a small flat-bottomed trend has emerged, which lasted until recently, that is, the latest non-agricultural data released by the U.S. Department of Labor On the same day, the stock price quickly fell below 250 yuan, but the gold market reversed before the data was released.

Last weekend, because the media began to report on the situation before and after the release of non-agricultural data in the United States, the price of gold briefly fluctuated from 270 yuan to 260 yuan, but until now, the price of gold has remained at a relatively low level. The steep ascending channel is rising, and the current trading price is already 272 yuan per ounce.

Before Chen Fan knew that gold would have a good increase, but he was a bit lazy at the time and didn't want to touch the gold market, but he didn't expect that he would eventually touch it, so he could only say that God's will tricks people.

Now that you think about it, you have to start taking action.

Although he doesn't know whether the long-term trend of gold prices in the future will be bullish or bearish, at least he now knows that in the next month, the high point of gold prices should be above 312 meters according to the brightness Chen Fan's rough calculation. This height is According to the calculation results when the price of gold was still maintained at 260 yuan, the upside of gold should be more than [-]%.

Now, at this time, when the price of gold is 272 meters, the brightness Chen Fan sees is still close to 320%, which may have been reached, but Chen Fan is not very sure. Be conservative. After a simple calculation, Chen Fan thinks that [-] meters should be It is the high point of this gold price rise.

After confirming the general trend of the gold price, Chen Fan immediately took out his mobile phone and dialed a number, but the call was not to Xu Jing, but to Zhang Yang who was still in Rongcheng.

"Beep." After two waiting tones, the phone was picked up.

"Yangzi, I'm Chen Fan. Hehe, let's not talk about this. Now you let go of other things for the time being. The main thing is to be in charge of operating gold for me. I don't need to put the whole position in. It's a safe position, 1 million yuan It’s safer. Attention, 315 yuan to start reducing positions. I will leave the family business to you, and don’t ask about the rest, just do as I say.”

After handing over the entire gold operation to Zhang Yang, Chen Fan stared at the gold price trend for a while. In a short time, the gold price has touched around 273 yuan. Although he hasn't stood up yet, he has broken through here many times during the session .

After hanging up Zhang Yang's call, the reason why Chen Fan didn't call Xu Jing immediately to arrange the operation of the gold was that he had no selfish intentions, and let Zhang Yang build up the position first. After all, Rongcheng Chaofan invested in himself with more than [-]% of the shares. It is your basic disk.

On Xu Jing's side, she doesn't have any shares at all, and she doesn't seem to know if she has her own expenses when she makes money. As for the so-called giving up some members to herself, I don't know what it is, don't be a flower in the mirror, although Chen Fan thinks it should be, maybe it is a big tempting pie, but in order to make himself feel at ease, it is better to build a position on his side first.

In fact, it is risky to let Zhang Yang build a position first. Now it is the Asian trading time. Who knows if the gold price will rebound during the European trading time, and maybe even a lower price.

However, Chen Fan is still willing to take this risk. After all, the benefits that can be seen are there.

In fact, Chen Fan also thought about operating a handful of gold before, but at that time their project was mainly aimed at the rice stock market, and he was really lazy and cancer at that time, so he didn't want to do it.

As for the phone remote control and publicity operation, Chen Fan was afraid that Xu Jing and the others would look down on him after the news spread, thinking that he was a bit selfish, so he simply didn't do it. Anyway, market opportunities will always exist, as long as his abilities are still available. Now, don't be afraid of not having a chance.

In fact, to Chen Fan, everything is imaginary, only his own eyes are real, even if he loses everything in an instant, as long as his abilities are still there, it is not a problem to make a comeback, it just takes some time.

After waiting for more than half an hour, Chen Fan estimated that Zhang Yang's side should have entered the field a lot. This time, he took out his mobile phone and called Xu Jing. It was agreed before that he was only responsible for controlling the general direction. Specifically, how much money will be mobilized for the operation this time, Chen Fan has no idea at all.

When I dialed the phone, it was still the same as I said to Zhang Yang now, but I didn’t explain the price of the reduction. I have repeatedly explained to Zhang Yang before. Only he knows about this, and he can’t tell anyone. The price of gold has risen to 315 meters After Yuan, he would directly issue the sell order, and he didn't need to contact Chen Fan again, and he didn't care about any price fluctuations, unless he took the initiative to call.

In fact, what Chen Fan wanted was to let Xu Jing and the others set a higher withdrawal price. Although he would make a lot less money for himself, it was better to be safe. The price Chen Fan set was also a price that the market could easily accept. Warehouse work.

Xu Jing's side is higher, and of course the risk is higher, but with Chen Fan around, as long as she relies on her abilities, she should be able to enter the stage smoothly. Chen Fan still has confidence in this.

Simply explain the meaning to Xu Jing, still emphasizing that it must be a safe position to enter the market. After all, Chen Fan is not able to see the future trend line of gold prices. pity.

Regarding the gold price trend last Wednesday, Chen Fan deeply understood that in this leveraged market, one must maintain a certain position, that is, a safe position.

(End of this chapter)