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It’s important to remember that while the Golden Cross can be a strong indicator, it should be used alongside other technical analysis tools for better trading decisions. A golden cross is a bullish pattern in which a short-term moving average (typically 50 days) surges past a long-term moving average (typically …
Read More »What is the Golden Cross in Trading?
Such is known as a “Golden Cross” and has now happened 25-times over the past 50-years. The long term performance of the S&P 500 following such an occurrence is unabashedly positive,” said Marcus. One of the limitations of the Golden Cross is its nature as a lagging indicator. Day traders …
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