Author Topic: What is 'Golden Cross'?  (Read 825 times)

kathir

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What is 'Golden Cross'?
« on: January 31, 2012, 11:59:01 am »
'Golden Cross' is the term used in technical analysis in stock market trading.

When 50 days moving average rises above 200 days moving average, then it is called 'Golden Cross'.

Note that the value of 10 days, 21 days, 50 days and 200 days moving average generally either in ascending or descending order depends on whether it is in bear or bull market.

In a bull market 200 days moving average stays at the bottom and 50 days moving average can stay above 200 days moving average and so on. When there is a change in trend, the moving average lines cross each other and makes it an important trend change.


 


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