Bullish bias in XAUUSD
XAUUSD
The recent session for XAUUSD ended with a close at 3902.130000. During the 48-hour period leading into this mark, the price changed -3.18 percent, showing a bearish trend.
Historical data reveals 389 similar 48-hour periods occurred previously. The bullish bias was confirmed in 60 percent of cases, as price action finished higher following such a decline.
In those periods, the average gain was 0.65 percent and the average loss was -0.52 percent. The average of all moves was 0.19 percent.
This sample of 389 instances provides context for interpreting these historical returns. A large frequency of occurrences helps characterize typical behavior seen after these specific trends.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| XAUUSD | 3902.13 | -3.18 % | 389 | 235 | 154 | 0.19 % |
This is not financial advice. It is an indicator based on statistics from historical data.