Bullish bias in XAUUSD

XAUUSD

XAUUSD concluded the recent session at 4063.850000. During the preceding 48-hour period, the market experienced a bullish trend, climbing by 1.57 percent.

The scanner identified 29 historical occurrences resembling this configuration. Among these similar sessions, 62 percent finished with a higher bias, indicating frequent continuation.

In instances where the trend moved higher, the average gain was 0.76 percent. When the market moved lower, the average loss recorded was -0.62 percent. The total average move is 0.24 percent.

A sample of 29 matches offers a descriptive look at past behavior. This count means the average figures are derived from a focused subset of historical data rather than a broad long-term trend. The data illustrates how price often reacted during these specific historical periods.

The numbers

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