Bullish bias in XAUUSD
XAUUSD
The session concluded with XAUUSD at a close of 3952.500000. Over the preceding 48-hour period, the market recorded a change of -2.29%. This movement establishes the current context for evaluating momentum.
Looking at historical data, 316 similar periods were identified. Among these instances, the market reached a higher level in 72% of the cases. This suggests a strong bullish bias within this specific timeframe.
In positive outcomes, the average gain reached 0.76%. Conversely, the average loss for bearish sessions was -0.35%. Across all matches, the expected move for the entire collection averaged 0.46%.
The sample of 316 matches provides a broad basis for interpreting these averages. This volume indicates the calculated movement is derived from a consistent range of market behaviors rather than isolated volatility.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| XAUUSD | 3952.50 | -2.29 % | 316 | 229 | 87 | 0.46 % |
This is not financial advice. It is an indicator based on statistics from historical data.