Gold futures are two-way transactions, which can be long or short. Short selling refers to selling goods first and then buying them. When gold rises to a high level, you predict that it will come down. At this time, you can sell the contract first and wait until the low position to buy back gold. If the price of gold falls, you can buy back the gold sold at a high price at a low price and earn the difference. Of course, if the price of gold goes up, you need to pay a higher price to buy back the gold you sold, resulting in a loss.

For example (the price is nominal), a certain price of Shanghai futures gold was 200 yuan/gram yesterday, so after my analysis, the market would fall, so I opened a position at this price of 200 yuan and made a short position. Then all I have to do is wait for the price to fall. The price really fell to 195 yuan/gram after the opening this morning, and then I don't think the market will fall. What I have to do at this time is to close the position. Even with this short hand, my profit is 5 yuan/gram, the first hand is 1000 gram, 5 times 1000, and the profit is 5,000 yuan.

It's that simple. Just like you look. If you go long in 195 yuan and close your position in 200 yuan, will you also earn 5000 yuan?

The above contents are for reference only and do not make any investment suggestions!