Intraday Market Thoughts

This Gold Chart

by Ashraf Laidi
Mar 19, 2026 13:31

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?

Click To Enlarge
This Gold Chart - Gold Dma (Chart 1)

 
 

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