J.J. Zhang’s Winner Take All: Gold’s death cross is no reason to

http://economicrisis.com/j-j-zhangs-winner-take-all-golds-death-cross-is-no-reason-to-feel-grim/720

J.J. Zhang’s Winner Take All: Gold’s death cross is no reason to feel grim

The definition of a death cross can vary depending on who you ask but generally it refers to the 50-day moving average crossing under the 200-day moving average. A common condition added to this definition is that the 200-day moving average must also be on a downward trend.

Generally this is seen as a bearish sign and is supposed to indicate that the market has a negative outlook on the future of gold prices.
Read More>> http://economicrisis.com/j-j-zhangs-winner-take-all-golds-death-cross-is-no-reason-to-feel-grim/720