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Chapter 741 Don’t earn the last copper coin

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It depends on what kind of confidence the market gives them?

With Zhao Linlin's strong attack, the international gold price has risen to more than 16,000 per ounce, and the domestic gold price has also risen, quickly breaking through 550 yuan per gram.

For a moment, the bears were in chaos.

Almost caught many people off guard.

Some people choose to increase positions, while others choose to close positions and go long with the backhand.

Those who were swaying also joined in, which further boosted the power of going long.

The reason why these people came in was mainly because they saw beautiful coins retreating step by step, so gold became a hard currency that can resist communication.

Zhao Linlin asked: "When should we get off the bus?"

Chen Fan said, "It's at least 800, it's still early."

Because this is the information conveyed to the market at present, everyone believes that gold can resist inflation, so more and more people will join in.

As for when will it reach the top?

That has to be the same as the bull market back then. When everyone around you is talking about the stock market and even the aunts who buy groceries can speak in a good manner, they will basically reach the top.

Zhao Linlin strongly pushed up the gold price this time, and the bears retreated one after another, and many people suffered heavy losses.

The market also follows the law of market conservation. Some people lose money and others make money. The money they lose is made by those who go long.

Of course there are securities and futures companies.

As for those who do hedge, most of them don’t lose much money.

The money they lost can be made back with the inventory in their hands, which is also one of the main reasons why they do not have much short-selling power to confront Zhao Linlin.

Although there are many short positions in the futures market, these short positions are not strong enough to suppress long positions.

Davidson, who is far away in Manhattan, has not been to Western Europe since the last struggle with the S family.

They also have a lot of gold in their hands, and they also put short positions to hedge when international gold soared.

Seeing that the bulls were coming fiercely, their family cleared the short positions in their hands and went long after careful consideration.

This directly led to the rising gold price steadily, and it rushed up by itself without any effort from Zhao Linlin.

Chen Fan knew that this was emotionally driven and directly affected everyone in the circle.

The price of gold during this period is one in the morning and one in the afternoon.

Someone just bought gold products in a gold store or bank, and the price immediately increased.

This feeling of making money by sitting at home almost makes almost everyone feel excited.

In the past, many people like to save money, but now they like to buy gold.

The trading market was once popular, and even experts spoke in the media, and gold will become the most stable currency in the world in the future.

Compared to the rise in gold prices, all currencies are depreciating.

"Mr. Chen, have you reached the target position?"

Zhao Linlin was quite excited during this period because when she first made a plan, the price of gold was only more than 400 per gram, and now it has risen to more than 800.

But at this time, the bulls that joined were getting stronger and stronger, and most of them were retail investors.

Chen Fan was squinting his eyes to look at the market. When he saw Zhao Linlin coming in, he nodded, "Let's almost withdraw!"

A big shot in the business world once said, don’t make the last coin.

Because Feifan Group's plate is too big, you can't leave when others leave.

So even though he knew there was still a wave of market conditions, Chen Fan would ask Zhao Linlin to close her position in advance.
Chapter completed!
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