Krutika Adani
Golden Cross is considered one of the most accurate trading indicators.
Using the indicators, traders can make better decisions for their entry and exit levels, which might lead to higher profits and lower losses.
Even for the investors, the indicator is highly helpful when used in long-term charts like weekly timeframes.
The indicator is one of the best tools for identifying market trends. If the long-term moving average is above the short-term one, it's a bearish trend, and if the opposite occurs, it indicates a bullish trend.
Traders can streamline their strategies using the indicator, which might result in consistent profits.