This Gold Chart

This Gold Chart


What does the graph represent? You know the reasons, but focus on this chart. 

There are different explanations for the gold selloff by different people:

1. Reporters/Junior analysts: rising yields/high inflation end case for rate cuts. 

2. Junior Traders: Selling few some holdings to lock gains & absorb portfolio losses

4. AdvisoryNewsletters that charge you $12k per year: Iran & Russia selling to finance wars etc.

3. Senior Traders: Margin calls…

Now back to the chart…what does the graph represent?

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This Gold Chart - Gold Dma (Chart 1)



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