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HomeForex TradingGold, forecast 01.09.2022.

Gold, forecast 01.09.2022.


Fractal construction, timeframe 1 Hour.

XAU/USD_2022.09.01-3h

As of 09/01/2022, it may be assumed that on the time interval (08/11/2022-15:00; 09/01/2022-15:00) a fractal has shaped within the fractal construction of the chart of the dynamics of gold quotes, constructed with a timeframe of three hours, marked in pink.

The first phase of the pink fractal is indicated on the chart by an orange fractal on the time interval (08/11/2022-15:00; 08/22/2022-15:00), which has an order of 1 lower than the pink fractal. The 2nd phase of the pink fractal was shaped on the time interval (08/22/2022-15:00; 08/23/2022-15:00). The third phase of the pink fractal was shaped on the time interval (08/23/2022-15:00; 09/01/2022-15:00) and is indicated on the chart by a fractal of a smaller order in pink.

This fractal construction of the chart means that the longer term dynamics of GOLD quotes shall be in an uptrend.

The almost certainly situation is that the expansion of Gold quotes will attain $1,800 per troy ounce within the time interval between 09/07/2022 and 09/10/2022.

As of 09/01/2022, it may be assumed that on the time interval (08/23/2022-17:00; 09/01/2022-17:00) a fractal has shaped within the fractal construction of the chart of the dynamics of gold quotes, constructed with a timeframe of 1 hour, marked in pink.

XAU/USD_2022.09.01-1h

The first phase of the pink fractal is indicated on the chart by a blue fractal on the time interval (08/23/2022-17:00; 08/26/2022-14:00), which has an order of 1 lower than the pink fractal. The 2nd phase of the pink fractal was shaped as a mono-segment on the time interval (08/26/2022-14:00; 08/26/2022-16:00). The third phase of the pink fractal was shaped on the time interval (08/26/2022-16:00; 09/01/2022-17:00) and is indicated on the chart by a fractal of a decrease order in blue.

The blue fractal, which is the third phase of the pink fractal, consists of the first phase shaped on the time interval (08/26/2022-16:00; 08/30/2022-10:00) 1 -segment on the time interval (30.08.2022-10:00; 30.08.2022-11:00) and from the third phase shaped on the time interval (30.08.2022-11:00; 01.09.2022-17:00) of the third phase, which is indicated within the graph in vibrant pink.

This fractal construction of the chart means that the longer term dynamics of GOLD quotes shall be in an uptrend.

The almost certainly situation is that the expansion of Gold quotes will attain $1,755 per troy ounce on September 6 or 7, 2022.

Monitoring of present fashions of future worth dynamics on the costforecast channel.



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