Bullish bias in XAUUSD

XAUUSD

The XAUUSD session concluded at 4146.270000. During the preceding 48-hour period, the market experienced a marginal decline of 0.02 percent, establishing the current bias for this specific interval.

The scanner identified 11 similar historical periods for this configuration. Among these instances, 8 finished higher and 3 finished lower, resulting in a 73 percent bullish share for the subsequent session.

During these past events, the average upward move reached 0.44 percent, while the average loss stood at -0.23 percent. Combining all outcomes, the expected move averaged a positive 0.26 percent gain.

A sample size of 11 provides a restricted historical basis. While the high share of bullish outcomes is notable, the small number of matches means individual moves significantly influence the resulting period statistics.

The numbers

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