Aroon Oscillator Technical Analysis and Aroon Oscillator Signals
Calculated from Aroon Trading Indicator.
Calculation
The oscillator technical 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 Analysis & Generating Signals
Buy Trade Signal
The Oscillator Trading Indicator gives a trading buy trade signal when it goes above the Zero line. The further it's from zero the stronger the up-trend
The indicator displays gold price is gaining momentum if it keeps heading towards +100, and momentum is reducing if it's approaching the Zero mark.
Sell Trading Signal
The Oscillator Trading Indicator gives a trading short signal when it goes below the Zero line. The further it's from zero the stronger the down-trend
The indicator displays gold price is gaining momentum if it keeps heading towards -100, & momentum is reducing if it's approaching the Zero mark.
Buy & Sell Trade Signals
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