Aroon Oscillator XAUUSD Technical Analysis & Aroon Oscillator XAUUSD Signals
Calculated from Aroon Gold Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN from Aroon UP.
Oscillator oscillates between -100 and +100, this is because both Aroon UP & Aroon DOWN moves between Zero & 100.
Gold Technical Analysis and Generating XAUUSD Signals
Buy Gold Signal
The Oscillator gives a technical buy signal when it goes above the Zero line. The further it is from zero the stronger the up xauusd trend
The indicator shows gold price is gaining momentum if it keeps heading towards +100, & momentum is reducing if it's approaching the Zero mark.
Sell XAUUSD Signal
The Oscillator gives a technical short signal when it goes below the Zero line. The further it is from zero the stronger the down xauusd trend
The indicator shows gold price is gaining momentum if it keeps heading towards -100, & momentum is reducing if it's approaching the Zero mark.
Buy & Sell XAUUSD Signals