City: I Can Inherit Wealth
42 : Gold levels, torrents retreat bravely

Young Mast

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August 29th, 2018. It was the last day before Yanjing University started. Lin Feng was exempted from military training because he was the top scorer of the college entrance examination.

Otherwise, he would have been sent to military training in July.

At this moment, Lin Feng had returned to the Jiankang Garden villa complex in Jinling.

Everything in the Soaring Dragon Corporation was on the right track. Whether it was Nirvana X or the Soaring Dragon AI System, they were all being prepared in an orderly manner. There was no point in him staying in Shen City.

........

At four in the morning, in the middle of Jiankang Garden Villa No. 2.

Lin Feng pushed the door open and walked in with Mo Xinya.

"Good morning, Boss!"

The four groups of finance staff who were busy turned around and greeted him with a smile.

"Morning!"

Looking at the finance staff with dark circles under their eyes, Lin Feng quickly responded. He was touched. These people must have not had a good rest in the past ten days.

"Get ready to open the market! It's time to close the position."

Lin Feng said casually.

Mo Xinya subconsciously looked at her watch. It was 4:10 AM Yanjing time, 20 minutes before the futures market officially opened.

Although the international gold market traded continuously for 24 hours, due to the time difference between each region, the time when the traders entered the market was different.

According to Asia, Europe, and America's entry time, it was divided into Asia, Europe, and America.

Now, Feng Teng Investment was in the Asian market, and it was exactly 5 am in the morning.

Compared to the European and American markets, this time was the coldest time of the day. It was also the most peaceful time of the day for gold.

That was why Lin Feng chose to close his position at this time.

As soon as he finished speaking, the expressions of the four financial staff present changed drastically.

What was that? Closing the position!

This news was like a bolt from the blue in their ears.

Gold was still rising. If they closed their positions now, it would mean that their profits would be much lower. How could these people be willing to watch their money slip away?

"Boss, should we…"

Team One's leader, Ma Zheng, seemed to want to fight for it.

However, Lin Feng interrupted him. He looked around and shouted coldly,"There's an old saying in Chinese history that goes,'a snake will swallow an elephant if its heart is not strong'. You should understand!”

"Yes, sir!"

Hearing this, Ma Zheng and the others 'faces turned cold. Although they were still a little reluctant, everyone turned on their computers.

Pa! Pa! Pa!

After a series of intense operations, the last transaction price from yesterday appeared on the screen.

2220 dollars per ounce

This number undoubtedly made everyone excited. Even Lin Feng's eyes couldn't help but shine. The market was even better than he had calculated.

Feng Teng invested a total of 10 billion yuan, using 50 times leverage to enter the market at 1620 yuan.

Up until now, the gold in their hands had risen by an average of more than 500 US dollars per ounce.

"Should I close my position immediately?”

All of a sudden, Lin Feng felt a little conflicted. In his calculations, the gold market would only reach 2300 dollars per ounce at most, which was why he was in a hurry to stop.

But now, because of the entry of Feng Teng Investment, it attracted many funds to enter the market. The price of gold reached the price of 2220 earlier than expected.

In other words, the situation had changed.

"2300 USD, could that be the final price?”

" Quantum Gene has almost been sold out. If the oil market calms down, then the final price is likely to be..."

All kinds of data kept appearing in his mind. Lin Feng calculated the oil while wondering if gold could continue to exist.

"Not good. If the Quantum Fund stops, the fluctuation of gold will be stronger than before because there are too many funds entering the market. In other words, the big rebound will come early.”

After more than ten minutes, he finally calculated it clearly. A few drops of cold sweat could not help but appear on his face.

"Boss, the market is open!"

At this moment, Mo Xinya's voice reached Lin Feng's ears. He immediately ordered loudly,""Quick, quickly close the position!"

"Yes, sir!"

Ma Zheng and the others quickly hung up all the gold transaction sheets.

At this time, gold was still slowly increasing, from 2220 to 2220, 581 USD per ounce.

There were still many individual investors who continued to buy gold.

This was a wave of people who came late. They didn't catch up with the low price, but they saw the gold market rise.

However, Lin Feng didn't stop the transaction. He just stared at the big screen.

All the finance staff in Villa #2 couldn't help but feel that Lin Feng was extraordinary.

In this rising trend, he was the only one who did not care about the benefits and resolutely closed the position.

How much self-control did he have to have in order to stop!

In the entire market, it was estimated that only Feng Teng Investment was selling gold on a large scale because everyone believed that the international gold price would continue to rise.

This book comes from:m.funovel.com。

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