noun
Internet Slang
golden cross
GOHL-den KROSS · noun · informal
A bullish signal when a short moving average crosses above a long one.
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Definitions
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A golden cross is a chart pattern in which a shorter-term moving average (often the 50-day) crosses above a longer-term one (often the 200-day), taken as a bullish signal of higher prices ahead.
“The 50-day crossed the 200-day, a golden cross, and buyers piled in.”
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golden cross In A Sentence
The 50-day crossed the 200-day, a golden cross, and buyers piled in.
Origin & Usage
Technical-analysis term; 'golden' connotes a positive, valuable signal.
People Also Ask
What is a golden cross?
It's a chart pattern where a shorter-term moving average, often the 50-day, crosses above a longer-term one, often the 200-day, and traders read it as a bullish sign of rising prices.
Is a golden cross bullish or bearish?
Bullish. It signals upward momentum. Its opposite, a death cross, is the bearish version.
Which moving averages make a golden cross?
Most commonly the 50-day and 200-day moving averages, though traders apply the concept to other timeframes too.
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