Bullish bias in XAUUSD
XAUUSD
The session for XAUUSD ended at a close of 4121.26. Throughout the latest 48 hour period, the market saw a bearish trend resulting in a 1.33 percent decrease.
A total of 349 similar historical periods were identified. Among these occurrences, 225 finished with a bullish bias, which accounts for a 64 percent share of the total sample.
The average gain for the positive sessions was 0.71 percent, while the average loss for negative sessions was -0.45 percent. The overall average for all 349 periods reached 0.30 percent.
The presence of 349 matches offers a descriptive look at historical behavior. This sample size indicates that the calculated average move reflects a consistent frequency of outcomes across previous market sessions.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| XAUUSD | 4121.26 | -1.33 % | 349 | 225 | 124 | 0.30 % |
This is not financial advice. It is an indicator based on statistics from historical data.