Gold’s death cross is no reason to feel grim
From marketwatch.com
Technical price and momentum indicators are popular tools for many investors as a way to decide when to enter or exit positions. Recently a popular indicator has been making the rounds on most financial sites due to gold hitting the “death cross.” So what is a death cross? The definition of a death cross can vary depending on who you ask but generally it refers to the 50-day moving average crossing under the 200-day moving average. A common condition added to this definition is that the 200-day moving average must also be on a downward trend. Generally this is seen as a bearish sign and is supposed to indicate that ...
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