A Golden Cross is when a shorter term moving average crosses above a longer term moving average, for example a 20 day SMA crossing over a 50 day SMA. A golden cross indicates a bullish trend, especially when it is coupled with higher trading volume. As well as being a trend indicator, the longer term moving average becomes a support line as the price rises. The chart below shows a 20/50 SMA Golden cross: 20 SMA is in Red 50 SMA is in Blue
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