Golden Cross


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Golden Cross

1. In technical analysis, a situation in which a short-term moving average of a stock's price exceeds its long-term moving average. The long-term moving average is seen as the stock's resistance level, or price over which the stock rarely rises. Thus, when a golden cross occurs, this is seen as a bullish indicator, at least in the short-term.

2. In foreign exchange, a technical indicator in which short-term and long-term moving averages for a currency are moving in the same direction, meaning that the currency will continue this trend in the short-term.
References in classic literature ?
The entry was scarcely completed when they reached the Golden Cross.
One wing of the National Gallery was gone, and the Golden Cross Hotel was in flames.
A great golden cross and a row of wax candles began to move through the gloom.
We went to the Golden Cross at Charing Cross, then a mouldy sort of establishment in a close neighbourhood.
Pubs featured in the images include the Golden Cross, The Vulcan and The Cow and Snuffers.
THE Golden Cross, Coventry's oldest pub and rumoured to be one of its most haunted, is set for a major revamp.
MANILA -- The Catholic Bishops' Conference of the Philippines on Saturday conferred the Jorge Barlin Golden Cross Award posthumously on the late Fr.
M2 EQUITYBITES-November 26, 2012-KKR discusses takeover of Golden Cross in Brazil - report(C)2012 M2 COMMUNICATIONS http://www.
26 November 2012 a[euro]" US buyout firm KKR & Co LP (NYSE:KKR) is holding preliminary discussions to acquire Brazilian health insurance company Golden Cross Planos de Saude SA, local newspaper Valor Economico reported today, without saying where it got the information from.
Earlier this week, gold's 50-day moving average (DMA) broke above its 200 DMA, which marked a golden cross in technical analysis, indicating bullion's intermediate and longer-term momentum is getting increasingly bullish.
Golden Cross Hotel, 20 High Street, Bromsgrove, Worcestershire B61 8HH WHEN IS IT OPEN?
It involved a silver Peugeot estate travelling along Golden Cross Lane, to the junction with Wildmoor Lane, in Catshill.