Bullish bias in XAUUSD
XAUUSD
The recent hourly session finished with a close of 4142.00. Over the preceding 48-hour period, XAUUSD experienced a bearish trend with a change of -0.78 percent.
Historical records show 117 similar periods matching this price action. Among these instances, the market maintained a bullish bias in 63 percent of cases by finishing higher.
The average gain during positive sessions was 0.63 percent, while the average loss during negative sessions was 0.55 percent. The overall average for all 117 matches was 0.20 percent.
A sample size of 117 provides a significant count for identifying a recurring pattern. This quantity allows the average figures to represent a wider range of historical market states, making the resulting percentages more descriptive of general behavior.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| XAUUSD | 4142.00 | -0.78 % | 117 | 74 | 43 | 0.20 % |
This is not financial advice. It is an indicator based on statistics from historical data.