Analysis

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Candle close
Price and energy
XAGUSD from 22.962 to 22.895, down 0.29%
Market Energy Bull Bias 29.9% to Bull Bias 23.9%, down 6.0 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.38%▲ 0.02%▲ 0.44%▼ 0.29%
Energy▲ 18.6▲ 31.7▲ 76.3▼ 6.0
Volatility trend chart · last 4 sessions
▲ 0.38%▲ 0.02%▲ 0.44%▼ 0.29%▲ 18.6▲ 31.7▲ 76.3▼ 6.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.29% — higher than 73% of past drops
0%255075100%
Energy down 6.0 pts — higher than 44% of past drops
RESEARCH

Trend of Bull Bias XAGUSD 1H

Sample: 69,349 1H candles from 2015-01-02 to 2026-09-24
Number of Bull Bias occurrences: 4,961 times

▸When XAGUSD is in Bull Bias:

  • then XAGUSD moved to higher Market State: 1,784 times — 36%
  • then XAGUSD moved to lower Market State: 3,177 times — 64%

▸Current XAGUSD market energy: 23.92%

  • Distance to upper bound of Bull Bias (at 60%): 36.08%
  • Distance to lower bound of Bull Bias (at 20.88%): 3.04%

"Let data guide you, but never trust it completely" — 2AITRADING

XAGUSD · H1 · 2023-10-24 14:00 UTC
Preview the last 30 candles — price and energy
View live XAGUSD chart →
Market Energy
29.9%
Bull Bias
23.9%
Bull Bias
24.6%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

XAGUSD classified into the Bull Bias energy state after the 1H candle completed.

On the 2AiTrading energy system, Market Energy moved from 29.9% to 23.9%, down -6% from the previous candle.

Time in Bull Bias energy zone: 2 1H Candle

2AiTrading Market Energy Model

Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.

Market context
Historical perspective

Over the past 5 days, XAGUSD Market Energy ranged from -96.7 to +98.7.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did XAGUSD price and energy show when this 1H candle closed?

When the 1H candle at 21:00 on 24-10-2023 closed, XAGUSD was at 22.895, down 0.29% from the previous candle (22.962). Market Energy was 23.9%, down 6.0 points from 29.9%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did XAGUSD price move on this 1H candle, and how large is that historically?

XAGUSD closed at 22.895, down 0.29% from the previous 1H candle (22.962). This drop is larger than 73% of past drops on the 1H timeframe for XAGUSD, across 28,529 candles since 2019.

How did XAGUSD Market Energy change from the previous candle?

Market Energy fell 6 percentage points from the previous candle — from 29.9% to 23.9%. This drop is larger than 44% of past drops on the 1H timeframe for XAGUSD.

Do XAGUSD price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.

What state was XAGUSD in on the previous 1H candle?

The previous 1H candle had XAGUSD at 29.9%, Bull Bias — this candle kept the same state, no zone change.

Where does XAGUSD energy sit within the Bull Bias zone?

At 23.9%, XAGUSD is 36.08 points from the upper boundary of Bull Bias (60%) and 3.04 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.

What does Bull Bias mean?

Bull Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Bull Bias definition →

How are the broader market indices trending?

Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Extreme with energy 77.6%; GER40 (European equities) in Bull Extreme with energy 95.2%. Against this backdrop, XAGUSD (Bull Bias, 23.9%) lower than SPX500, GER40.

How is the US Dollar Index (DXY) trending?

Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Extreme with Market Energy 77.1%. XAGUSD (Bull Bias) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for XAGUSD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for XAGUSD on the XAGUSD overview →

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