are golden crosses reliable indicators 
as a lagging indicator a golden cross is identified only after the market has risen which makes it seem reliable however as a result of the lag it is also difficult to know when the signal is false until after the fact traders often use a golden cross to confirm a trend or signal in combination with other indicators the bottom linea golden cross is believed to confirm the reversal of a downward trend the key to using the golden cross correctly with additional filters and indicators is to use profit targets stop loss and other risk management tools remember to maintain a favorable risk to reward ratio and to time your trade rather than just following the cross mindlessly 