Analysis

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Candle close
Price and energy
XAUUSD from 1,855.81 to 1,850.13, down 0.31%
Market Energy Bull Critical 73.1% to Neutral -18.8%, down 91.9 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.10%▲ 0.39%▼ 0.31%▼ 0.31%
Energy▲ 6.1▲ 7.5▼ 17.4▼ 91.9
Volatility trend chart · last 4 sessions
▲ 0.10%▲ 0.39%▼ 0.31%▼ 0.31%▲ 6.1▲ 7.5▼ 17.4▼ 91.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.31% — higher than 74% of past drops
0%255075100%
Energy down 91.9 pts — higher than 98% of past drops
RESEARCH

Trend of Neutral XAUUSD 4H

Sample: 18,131 4H candles from 2014-12-31 to 2026-10-09
Number of Neutral occurrences: 1,446 times

▸When XAUUSD is in Neutral:

  • then XAUUSD moved to higher Market State: 755 times — 52.2%
  • then XAUUSD moved to lower Market State: 691 times — 47.8%

▸Current XAUUSD market energy: -18.79%

  • Distance to upper bound of Neutral (at 20.88%): 39.67%
  • Distance to lower bound of Neutral (at -20.88%): 2.09%

"Does history really repeat itself?" — 2AITRADING

XAUUSD · H4 · 2022-05-23 13:00 UTC
Preview the last 30 candles — price and energy
View live XAUUSD chart →
Market Energy
73.1%
Bull Critical
-18.8%
Neutral
-14.3%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

With the 4H candle just closed, XAUUSD shows the Bull/Bear balanced energy zone.

Market movement just recorded on the 4H timeframe, Market Energy reading dropped -91.9%, moving from 73.1% to -18.8% after the 4H candle.

Time in Neutral energy zone: 1 4H 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, XAUUSD Market Energy ranged from -18.8 to +92.3.

Knowledge

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

Frequently asked questions

What did XAUUSD price and energy show when this 4H candle closed?

When the 4H candle at 20:00 on 23-05-2022 closed, XAUUSD was at 1,850.13, down 0.31% from the previous candle (1,855.81). Market Energy was -18.8%, down 91.9 points from 73.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did XAUUSD price move on this 4H candle, and how large is that historically?

XAUUSD closed at 1,850.13, down 0.31% from the previous 4H candle (1,855.81). This drop is larger than 74% of past drops on the 4H timeframe for XAUUSD, across 5,231 candles since 2019.

How did XAUUSD Market Energy change from the previous candle?

Market Energy fell 91.9 percentage points from the previous candle — from 73.1% to -18.8%. This drop is larger than 98% of past drops on the 4H timeframe for XAUUSD.

Do XAUUSD price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was XAUUSD in on the previous 4H candle?

The previous 4H candle had XAUUSD at 73.1%, Bull Critical — when this candle closed, XAUUSD moved down to a lower zone: Bull Critical → Neutral.

Where does XAUUSD energy sit within the Neutral zone?

At -18.8%, XAUUSD is 39.67 points from the upper boundary of Neutral (20.88%) and 2.09 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.

What does Neutral mean?

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

See the full Neutral 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 Bear Bias with energy -40.3%; GER40 (European equities) in Bear Bias with energy -56.9%. Against this backdrop, XAUUSD (Neutral, -18.8%) has higher energy 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 Bear Critical with Market Energy -65.5%. XAUUSD energy is currently above DXY by 46.7 points.

Real-time Energy Chart

See the real-time energy chart for XAUUSD.

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 XAUUSD on the XAUUSD overview →

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