Bearish bias in XAUUSD
XAUUSD
The XAUUSD session concluded with a latest close at 3929.540000. During the preceding 48-hour period, the market recorded a bearish trend resulting in a change of -1.28%.
A search for historical periods with similar price movement identified 33 matches. Out of these occurrences, 20 sessions finished with a lower bias, representing a 61% share of the total sample.
In these historical instances, the average gain during bullish outcomes was 0.36%, while the average loss during bearish outcomes was -0.59%. The average move across all 33 periods was -0.22%.
The sample size of 33 matches provides a baseline for evaluating the average move. A larger distribution of historical data points often stabilizes the mean, indicating how frequently the bearish bias outperformed the bullish sessions.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| XAUUSD | 3929.54 | -1.28 % | 33 | 13 | 20 | -0.22 % |
This is not financial advice. It is an indicator based on statistics from historical data.