Golden Cross
The Golden cross is a bullish signal when a short-term moving average, typically the 50-day, crosses above a long-term moving average, usually the 200-day. This moving averages cross signifies a potential shift in market sentiment, moving from a bearish trend to a bullish one.
Golden cross lags
This indicator tends to lag, confirming a trend change after it has begun rather than predicting a reversal. Some investors may use the Golden cross as a cue to enter a long position or exit a short one, taking it as a sign of strengthening market momentum.