Golden Cross
A "Golden Cross" is a technical analysis pattern that occurs in financial markets, particularly in stock trading. It happens when a short-term moving average, like the 50-day moving average, crosses above a long-term moving average, such as the 200-day moving average. This crossover is often seen as a bullish signal, indicating that the asset's price may continue to rise.
Traders and investors often look for a Golden Cross as a potential buying opportunity. It suggests that the momentum is shifting in favor of the bulls, and many believe it can lead to a sustained upward trend in the asset's price.