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<p id="isPasted">A Golden Cross is a chart pattern in which a relatively short-term moving average crosses above a long-term moving average. It is a bullish breakout pattern that forms when a security's short-term moving average (such as the 50-day moving average) crosses above its long-term moving average (such as the 200-day moving average) or resistance level.</p><p>As long-term indicators carry more weight, the Golden Cross indicates the possibility of a long-term bull market emerging. High trading volumes generally reinforce the indicator.</p><ul><li>A Golden Cross is a technical chart pattern indicating the potential for a major rally.</li><li>The Golden Cross appears on …</li></ul>
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<p id="isPasted">A golden cross is a bullish technical analysis indicator that occurs when a short-term moving average, most commonly the 50-day moving average (MA), crosses above a long-term moving average, usually the 200-day MA, signaling the start of a potential long-term uptrend. This crossover indicates a shift in market sentiment from bearish to bullish, suggesting increased investor confidence and buying interest, and is often interpreted as a strong buy signal.</p>
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