Lantern Festival.

Just after seven o'clock in the morning, An Liang was woken up by a call from Li Cunyuan, who said that something big had happened.

An Liang responded calmly,"What's the big deal?"

"Gold and silver plummeted early yesterday morning! Li Cunyuan responded,"Brother Liang, take a quick look at the situation."

An Liang responded,"Let me take a look first.""

After saying that, An Liang hung up the phone.

Ning Ruoshuang also woke up. She was next to An Liang and naturally heard Li Cunyuan's voice. She looked at An Liang worriedly.

An Liang took the initiative and said,"Don't worry, it's okay. of"

"Um."Ning Ruoshuang nodded.

An Liang checked the important things Li Cunyuan said on his mobile phone. The international price of gold is currently 348 yuan per gram!

Huh?

At about two o'clock yesterday afternoon, An Liang was at the home of Xia Ruyi and Xia Hexin. I have seen the international gold price, which was as high as 392 yuan per gram at that time. An Liang thought that it would successfully reach 400 yuan per gram today!

However, just overnight, the price of gold fell to 348 yuan per gram?

This... what's the situation?

An Liang checked the historical prices. Yesterday, the highest price of gold reached 399 yuan per gram. The corresponding time point was 11:08 pm, Xiaguo time.

Then there were sideways fluctuations, jumping up and down around 399 yuan, rising and falling by a few cents. The price was maintained here because some people were optimistic that gold would break through 400, and some were bearish that gold would not be able to break through 400.

The international spot gold market follows a global 24-hour trading rule. It does not use Xia Guo time as the standard, nor does it use the time of any country as the standard. Anyway, it is a 24-hour non-stop transaction.

Starting at two o'clock in the morning during the Lantern Festival on February 8, Xiaguo time, the international price of gold began to plummet, falling rapidly from the price of 399 yuan per gram.

Until 6:58 a.m., Xia Guo time, the international gold price dropped to the level of 348 yuan per gram, and then stabilized at this price.

An Liang took the opportunity to check the international silver price, which dropped from 6,100 yuan per kilogram to 5,202 yuan per kilogram.

This drop is too severe!

It reached a height of 14.721%, the highest decline in twelve years.

In fact, the international gold price has also recorded its highest decline in 20 years. If the highest point of 399 yuan per gram is used as the benchmark point, the current price of 348 yuan per gram is used as the comparison point.

Then the international gold price fell by 12.782% overnight!

This drop is very interesting. At the critical moment when Great Britain is withdrawing from the Europa Union, and when the world economic structure is likely to be turbulent, such a huge drop occurred.

Can we only talk about magical reality?

If we go back twenty years...

No!

Just go back ten years!

No one believes such a thing at all.

After all, gold, which is said to maintain its value, has experienced such a huge decline, which is completely unreasonable.

This kind of decline is basically a kill-off for long positions. After all, they have entered the international spot gold market. How many people do not use leverage?

However, according to the ratio of 12.782%, even a leverage of eight times will be liquidated by a wave of damage!

When An Liang opened a long position, he had very, very, very conservatively chosen a leverage of 12.5 times. This leverage was the capped leverage coefficient of the domestic gold trading market in Shanghai.

If Anliang enters the international spot gold market a little slower and enters at a high level to build a long position, I am afraid that tens of billions of funds will be lost, right?

In fact, it doesn’t need a high price. It only costs 379 yuan per gram to be taken away by a set of injuries in this wave of market conditions.

Is the international gold price of 379 yuan per gram high?

Not high!

Because the highest price has risen to 399 yuan per gram.

If you enter the market at 379 yuan to go long and exit at 399 yuan per gram, it is a wonderful operation.

But what if you encounter a decline?...

Based on the current price of 348 yuan per gram, the drop from 379 yuan per gram would be a drop of 8.17942%.

Under the leverage factor of 12.5 times, the damage has just overflowed, and a set of take away instant kills!

Fortunately, Anliang had already received the information provided by the Life Winner System. The price for entering the market to open a long position was 345 yuan per gram, okay?

What's the use of the sudden drop in market prices late last night to Anliang?

According to the current price of 348 yuan per gram, Anliang can still make a profit!

It’s just that the profit is very small, only 0.869565%, not even 1%. After amplifying the leverage factor by 12.5 times, it reaches an interest rate of 10.87%.

Based on the total cost of 10.25 billion, the final profit is only 1.14 billion!

Profit dropped from 17.455 billion to 1.14 billion overnight?

Sure enough, it is the international spot gold market!

Isn’t this too exciting?

Love it, love it!

————

Update time: August 30, 2020 06:51:41, the same old rules, ten updates in a row.

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