$TRUMP 4 On the hourly chart, the MACD forms a death cross below the zero line.
When assessing an MACD crossover, its position matters more than whether it is a golden cross or a death cross. A death cross below the zero line often signals that a rebound is over and weakness will continue, so it is not a good place to chase a rebound.
The longer the timeframe, the more weight the indicator signal carries.

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