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. Down jumped the driver, and out got Mr.
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.
THE Golden Cross is the first pub in Coventry to become completely gluten free.
Either way, the PSEi chart looks extremely attractive after the golden cross that we saw on the moving averages and if we take cues from this, we may see it continue to gain traction as more and more investors gain confidence and start coming back into this market,' he said.
Although completely unrecognisable from the 19th century, the Golden Cross pub is all that remains from those years.
The pub has been called the Golden Cross since 1860 and was later rebuilt in 1904, according to Anthony Rhys who has beenresearching and writing a book about the people of Charlotte Street and Whitmore Lane.
26 November 2012 - 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.
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.
A positive "golden cross" formed on technical charts and a bullish call by well-known hedge fund manager Ray Dalio to own gold further fed market sentiment for bullion.