from Gold Silver Worlds:
Gold’s daily chart is currently showing its 50 day moving average
crossing over its 200 day moving average. In technical analysis, this
situation is known as a “golden cross”, as it marks an uptrend.
Commonly, the golden cross confirms a new uptrend. One should expect a golden cross to be good news. While we are not saying the opposite, we only point out that not all similar cases in the past have turned out to be very profitable for gold.
Readers know that our focus is to bring unbiased news and analysis. In that respect, the following research, based on facts and figures, should bring an unbiased view on the history of gold’s golden crosses.
Read More @ GoldSilverWorlds.com
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Gold’s daily chart is currently showing its 50 day moving average
crossing over its 200 day moving average. In technical analysis, this
situation is known as a “golden cross”, as it marks an uptrend.Commonly, the golden cross confirms a new uptrend. One should expect a golden cross to be good news. While we are not saying the opposite, we only point out that not all similar cases in the past have turned out to be very profitable for gold.
Readers know that our focus is to bring unbiased news and analysis. In that respect, the following research, based on facts and figures, should bring an unbiased view on the history of gold’s golden crosses.
Read More @ GoldSilverWorlds.com
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