What Is The Golden Cross & How To Trade It

Golden Cross

The Golden Cross is a technical analysis that gives a bullish signal. It occurs when a relatively short-term moving average crosses above a long-term moving average. Some traders may even use the Golden Cross to look for short (sell) trades. What is the Golden Cross? The Golden Cross is a bullish pattern formed from a crossover involving price’s short-term moving average (such as the 15-day moving average) going above its long-term moving average (such as the 50-day moving average) or above its resistance level. Some traders consider long-term indicators to be more effective whilst the Golden Cross indicates a bullish …READ MORE