Bullish bias in XAUUSD
XAUUSD
The XAUUSD session concluded at 3878.510000. During the preceding 48-hour period, the price registered a decline of -3.99 percent, setting a specific technical context for the current market environment.
Historical data shows 297 similar periods following this move. Among these occurrences, the share that finished higher was 75 percent, indicating a historical bullish bias for the subsequent session.
The average gain for positive outcomes was 0.74 percent. Conversely, the average loss for negative outcomes stood at -0.51 percent. When considering all instances, the expected move averaged 0.44 percent.
A sample of 297 matches provides a substantial base for observing these trends. This frequency helps characterize the descriptive reliability of the average move when reviewing how previous sessions navigated similar conditions.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| XAUUSD | 3878.51 | -3.99 % | 297 | 224 | 72 | 0.44 % |
This is not financial advice. It is an indicator based on statistics from historical data.