Golden Cross is a term in technical analysis used to describe a strong buy signal when the short-term moving average crosses above the long-term moving average.
✅ Specifically, a Golden Cross occurs when:
+ The 50-day moving average (MA50) crosses above the 200-day moving average (MA200).
+ This is a signal that indicates the market trend is shifting from bearish to bullish, and is viewed by many investors as the beginning of a bull market.
+ Uptrend: After the crossover, the uptrend is reinforced if the price continues to rise and trading volume is high.
