The "Gold Death Cross" is almost official, as the 50-day moving average for gold prices has nearly dropped below the 200-day moving average. The Death Cross is a bearish technical indicator — but doesn't necessarily mean a death sentence for gold.
The "Gold Death Cross" is almost official, as the 50-day moving average for gold prices has nearly dropped below the 200-day moving average. The Death Cross is a bearish technical indicator — but doesn't necessarily mean a death sentence for gold.