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<p id="isPasted">As a lagging indicator, a golden cross is identified only after the market has risen, which makes it seem reliable. However, as a result of the lag, it is also difficult to know when the signal is false until after the fact. Traders often use a golden cross to confirm a trend or signal in combination with other indicators.</p><p>A golden cross is believed to confirm the reversal of a downward trend. The key to using this technical tool correctly—with additional filters and indicators—is to use profit targets, stop loss, and other risk management tools. Remember to maintain a favorable …</p>
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