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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: dara who wrote (297984)	1/23/2023 6:25:18 PM
From: LoneClone	Respond to of 312486

In reality, if you look out beyond a few days golden crosses are usually bearish signals, while the so-called death cross, when the 50 drops below the 200, is actually a bullish signal. Golden cross and death crass as they are usually framed are only useful for short term trading over a few days at the most. I am with Saville here; gold and gold stocks need a correction before resuming their advance, especially since silver failed to conform gold's last move up. I'll take that golden cross as a bearish signal that it is about to happen. LC