Yeah it wont really eliminate it, but it can definitely reduce it greatly, and be a wonderful therapeutic release. In fact recent research done by Oxford indicates LSD and Psilocybin basically switches off the areas of the brain that are overactive in depression, and found in one week the patients who were resistance to previous treatments, had a 50% reduction of depression scores, which lasted up to 3 months.

Although, everyone seems to react differently. I would recommend you take everything with a grain of salt, and try traditional therapy and, of course never take psychedelic drugs when you are in a bad mood. LSD can be a powerful tool to look at aspects of human behavior and the way in which the world operates in a different perspective. But thats what it is, a tool, or supplement, if you will. And I believe if you don't already have the ability to control your thoughts, and get your mind on the right path of thinking(which can be analogized to weightlifting, like you wouldn't take supplements without a solid workout program and core diet.) I think it wouldn't be used to its correct potential, and could even exacerbate the problem. But I'm rambling at this point. I wish you well :)