A look at the Aroon Oscillator - how it works and the signals it gives.

Calculated from Aroon Indicator.

Calculation

The oscillator technical indicator is computed by subtracting the Aroon DOWN from the Aroon UP.

The oscillator ranges from -100 to +100. Aroon UP and DOWN each run from 0 to 100.

Gold Analysis and Generating Signals

Buy Signal

The Oscillator Indicator gives a trading buy signal when it crosses above the Zeroline. The further it's from zero the stronger the uptrend

The indicator signals that gold price momentum is strengthening if it maintains a trajectory toward +100, conversely, its energy is diminishing if it approaches the Zero line.

Sell Trading Signal

When the Oscillator goes below the Zeroline, it means it is good time to sell. The farther from zero, the stronger the downtrend.

The indicator suggests that gold is gaining strength if it moves towards -100, while energy is waning as it approaches the Zero line.

Buy and Sell Signals

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