Bullish bias in XAUUSD

XAUUSD

XAUUSD finished the session at 3999.340000. During the previous 48-hour period, the market saw a price change of -2.75 percent. This bearish trend sets the current backdrop for the session.

The scanner found 368 similar intervals. Within this group, 63 percent finished higher. This bullish bias highlights that a majority of historical instances resulted in an upward move following the initial period.

Average gains were 0.76 percent, while average losses were -0.59 percent. The expected move, representing the average of all results, was 0.26 percent. These numbers describe the historical magnitude of price changes.

A sample of 368 matches offers descriptive context for the average move. This size helps characterize how often the price followed this bias in previous market cycles.

The numbers

This is not financial advice. It is an indicator based on statistics from historical data.