Aroon Oscillator Technical Analysis and Aroon Oscillator Signals

Calculated from Aroon Indicator.

Calculation

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

Oscillator oscillates between -100 and +100, this is because both Aroon UP and Aroon DOWN heads between Zero & 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

The Oscillator gives a trading short signal when it crosses below the Zeroline. The further it's from zero the stronger the down-trend

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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