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Awesome Oscillator XAUUSD Technical Analysis and Awesome Oscillator XAUUSD Signals

Awesome Oscillator (AO) is a 34-period simple moving average that is drawn through the middle points of the bars (H+L)/2, and then this is subtracted from the 5-period simple moving average.


Awesome Oscillator Technical XAUUSD Indicator

Awesome Oscillator


XAUUSD Technical Analysis and Generating XAUUSD Signals


Buy signal

A buy xauusd signal generated once the oscillator moves above the Zero line.

the Awesome Oscillator Gold Indicator Buy signal

Buy XAUUSD Signal


Another buy xauusd signal generated when indicator is above the Zero mark and the color of the bars change from red to green and the green bar is higher than the red bar forming a V or U shape. The signal is confirmed after three green bars are formed.

buy xauusd signal is generated

Buy signal


Sell signal

A sell xauusd signal is generated once the oscillator moves below the Zero line.

sell xauusd signal is generated by the Awesome Oscillator XAUUSD Indicator

Sell XAUUSD Signal

 

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