SYA 0.00% 3.7¢ sayona mining limited

The golden cross is a technical indicator which means a...

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    The golden cross is a technical indicator which means a faster-moving average of a security crosses above a slower moving average.

    The golden cross is popular among traders and investors. The main golden cross which everybody uses is when 50 MA crosses above its 200 MA.

    A golden cross can be used in different time frames. Day traders use lower time frames (5m, 10m, 15m, etc. ) and swing traders use higher time frames (6h, 12h, daily, etc.).

    Whenever you use the golden cross in higher time frames, it can indicate a major trend shift toward higher prices. In fact, the golden cross can be a sign of a bullish trend.

    https://hotcopper.com.au/data/attachments/4607/4607822-a7925c2f58f910dcfbbcf116321ed483.jpg

 
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