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| Price | ▼ 0.16% | ▼ 0.33% | ▼ 0.62% | ▼ 0.08% |
| Energy | ▲ 4.1 | ▼ 11.0 | ▼ 32.8 | ▼ 19.6 |
Trend of Bull Bias XAUUSD Daily
▸When XAUUSD is in Bull Bias:
- then XAUUSD moved to higher Market State: 173 times — 49.3%
- then XAUUSD moved to lower Market State: 178 times — 50.7%
▸Current XAUUSD market energy: 23.14%
- Distance to upper bound of Bull Bias (at 60%): 36.86%
- Distance to lower bound of Bull Bias (at 20.88%): 2.26%
"History always repeats itself, one way or another" — 2AITRADING
Measurement result after the Daily candle closes, Result for XAUUSD: the energy zone tilted toward Bull.
On the energy side, Market trend energy recorded a -19.6% drop from the previous candle, from 42.8% to 23.1%.
Time in Bull Bias energy zone: 2 Daily Candle
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.
Over the past 5 days, XAUUSD Market Energy ranged from +23.1 to +86.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did XAUUSD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 01-11-2023 closed, XAUUSD was at 1,982.36, down 0.08% from the previous candle (1,983.9). Market Energy was 23.1%, down 19.6 points from 42.8%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did XAUUSD price move on this Daily candle, and how large is that historically?
XAUUSD closed at 1,982.36, down 0.08% from the previous Daily candle (1,983.9). This drop is larger than 16% of past drops on the Daily timeframe for XAUUSD, across 1,503 candles since 2019.
How did XAUUSD Market Energy change from the previous candle?
Market Energy fell 19.6 percentage points from the previous candle — from 42.8% to 23.1%. This drop is larger than 68% of past drops on the Daily timeframe for XAUUSD.
Do XAUUSD 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 XAUUSD in on the previous Daily candle?
The previous Daily candle had XAUUSD at 42.8%, Bull Bias — this candle kept the same state, no zone change.
Where does XAUUSD energy sit within the Bull Bias zone?
At 23.1%, XAUUSD is 36.86 points from the upper boundary of Bull Bias (60%) and 2.26 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 Critical with energy 65.4%; GER40 (European equities) in Bull Bias with energy 57.3%. Against this backdrop, XAUUSD (Bull Bias, 23.1%) lower than SPX500; sits in the same state zone as 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 82.3%. XAUUSD (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for XAUUSD.
Open Energy ChartSee the full 2AiTrading Model data for XAUUSD on the XAUUSD overview →
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