Gold Completes Golden Cross

Tyler Durden's picture

For the first time in 13 months, gold's 50-day moving-average is above its 200-day moving-average. This so-called "golden cross" occurred in Feb 09 before gold surged over 100% in the following years (but also occurred 'falsely' in September 2012.

 

 

Some technicians are reflcting on the last big run that gold had...