I'm interested in learning about a financial term called 'golden cross'. Could someone explain what it is and its significance in the stock
market or investment world?
7 answers
KpopStarlight
Fri Oct 25 2024
A Golden Cross represents a significant technical event in the market.
StarlitFantasy
Fri Oct 25 2024
It occurs when a short-term moving average crosses above a long-term moving average.
SumoPower
Fri Oct 25 2024
Specifically, a Golden Cross happens when the 50-day moving average of an asset rises above the 200-day moving average.
KpopHarmonySoulMateRadiance
Thu Oct 24 2024
This pattern is closely monitored by traders and investors.
PhoenixRising
Thu Oct 24 2024
The emergence of a Golden Cross is often perceived as a bullish signal.