Bullish bias in XAUUSD

XAUUSD

The XAUUSD session concluded at a close of 4155.230000. Over the previous 48-hour period, the market experienced a bearish trend with a change of -1.36 percent.

There were 92 historical sessions identified with a similar structure. Out of these instances, 62 percent finished with a bullish bias, as 57 occurrences moved higher during the subsequent session.

The average gain for the positive outcomes was 0.69 percent, while the average loss for the negative instances stood at -0.86 percent. The overall expected move across all matched sessions averaged 0.10 percent.

A sample size of 92 historical matches provides a statistical basis for evaluating these averages. This number of periods helps characterize the typical behavior following this specific bearish trend observed in the current session.

The numbers

This is not financial advice. It is an indicator based on statistics from historical data.