Bullish bias in XAUUSD
XAUUSD
The latest close for XAUUSD was 3914.970000. During the preceding 48-hour period, the price experienced a change of -3.06%, defining the current market trend.
Looking back, 376 similar periods were identified. In these matches, the market finished higher in 232 instances, a 62% share aligning with the current bullish bias.
For upward moves, the average gain was 0.67%, while the average loss during bearish moves was -0.46%. Considering every historical instance together, the average of all of them was 0.24%.
The 376 distinct sessions offer a descriptive look at how this setup behaves across historical cycles. This sample size suggests the resulting average is derived from a variety of market conditions encountered during similar periods.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| XAUUSD | 3914.97 | -3.06 % | 376 | 232 | 144 | 0.24 % |
This is not financial advice. It is an indicator based on statistics from historical data.