$PAXG ｜Daily MACD｜Death cross below the zero line
Before discussing capital flows, let's first understand MACD.
MACD is calculated from moving averages, so it naturally lags: by the time a golden cross or death cross appears, prices have usually already moved some distance.
MACD is generally better for gauging direction in trending markets than for pinpointing specific highs and lows.
Learning to read indicators is easy; the hard part is still following the rules when emotions are at their most extreme.
Before discussing capital flows, let's first understand MACD.
MACD is calculated from moving averages, so it naturally lags: by the time a golden cross or death cross appears, prices have usually already moved some distance.
MACD is generally better for gauging direction in trending markets than for pinpointing specific highs and lows.
Learning to read indicators is easy; the hard part is still following the rules when emotions are at their most extreme.
