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HomeForex TradingGold, forecast 13.05.2022.

Gold, forecast 13.05.2022.


At any given time, there are all the time a number of different fashions of worth dynamics. Some fashions have the next chance of implementation, whereas others have a decrease one.

As of the event of the fractal construction on Could 13, 2022, it could possibly be assumed that the mannequin of the long run dynamics of gold quotations, which is designated FMFS-I (75%), has the very best chance of being realized.

XAU/USD_2022.05.13-1Mn_1_FMFS-I

In line with this mannequin, over the time interval from mid-Could to the tip of September, the value of gold ought to have doubled from $1,800 to $3,600.

XAU/USD_2022.05.13-1Mn_2_FMFS-I

Nonetheless, by 07/01/2022 it was already clear that this FMFS-I mannequin wouldn’t be applied, because the dynamics started to develop in line with another state of affairs, which had a decrease chance of implementation as of 05/13/2022 (25%).

XAU/USD_2022.05.13-1Mn_1_FMFS-IV

In line with another mannequin, the decline in gold quotes ought to have continued to the extent of $ 1,700 as a part of the formation of a fractal, which is indicated within the FMFS-IV mannequin of 05/13/2022 in inexperienced and which ought to grow to be the 2nd section of the fractal of a better order within the fractal construction, indicated on this graphics in purple.

XAU/USD_2022.05.13-1Mn_2_FMFS-IV

As of 09/01/2022, we are able to say that the decline in gold quotes ended as a part of the tip of the 2nd section of the fractal, indicated in purple on the chart.

XAU/USD_2022.09.01-1Mn_FMFS-I

In line with this mannequin, which as of 09/01/2022 has the very best chance of realization of 95%, the upcoming dynamics of gold quotations will rise to the extent of $3,600 per troy ounce as a part of the formation of the third section of the fractal, indicated in purple on the chart.

The violet fractal fashioned by this development would be the third section of the upper order fractal, which is indicated in shiny pink, and which is the first section of the even increased order fractal, indicated in olive coloration within the time interval till 2023.



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