Aroon Oscillator XAUUSD Technical Analysis and Aroon Oscillator XAUUSD Signals
Calculated from Aroon Gold Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN from Aroon UP.
The Oscillator oscillates between -100 and +100, this is because both Aroon UP and Aroon DOWN moves between Zero and 100.
XAUUSD Technical Analysis and Generating XAUUSD Signals
Buy XAUUSD Signal
The Oscillator gives a technical buy xauusd 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 moving towards +100, and momentum is reducing if it is 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 moving towards -100, and momentum is reducing if it is approaching the Zero mark.
Buy and Sell XAUUSD Signals
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