Aroon Oscillator Technical Analysis and Aroon Oscillator Signals
Calculated from Aroon Indicator.
Calculation
The oscillator technical is calculated by subtracting the Aroon DOWN from Aroon UP.
Oscillator oscillates between -100 and +100, this is because both Aroon UP and Aroon DOWN moves 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 up-trend
The indicator displays gold price is gaining momentum if it keeps heading towards +100, and energy is decreasing if it's approaching the Zero mark.
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 displays gold price is gaining momentum if it keeps heading towards -100, & energy is decreasing if it's approaching the Zero mark.
Buy and Sell Signals
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