Golden Cross Pattern

What is a ‘Golden Cross’

The golden cross is a bullish breakout pattern formed from a crossover involving a security’s short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.                   

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Reliance Jio Makes Big Inroads In Rural India

Gold Silver Reports (GSR) – Reliance Jio Makes Big Inroads In Rural India – Reliance Jio Infocomm Ltd. added the highest number of rural users among rivals in April as billionaire Mukesh Ambani’s upstart grows beyond cities riding on the success of its low-cost JioPhone.

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