Fractal structure, time frame 3 Hours.
Analyzing the fractal structure of the chart of the dynamics of the GOLD quotes, built with a time frame of 3 hours, as of 09/06/2022, we can assume that the current dynamics of the quotes is in a downtrend as part of the formation of the 3rd segment of the fractal, which is indicated on the chart in dark blue. This dark blue fractal is formed as an F15 fractal from Alphabet of Niro Attractors and represents the 2nd segment of the higher order fractal, which is marked in green on the chart.
The downward dynamics of GOLD quotes will end as soon as the 2nd segment of the green fractal ends. Taking into account the global fractal structure, it can be assumed that within the framework of the formation of the 3rd segment of the green fractal, the quotes of Gold will rise to the level of 1755 dollars per troy ounce. Thus, the green fractal will be formed in the form of an F13 fractal from the Alphabet of Niro Attractors.
At the moment, it can be assumed that the green F13 fractal will be the 1st segment of a higher-order fractal, which is indicated in purple on the chart and which can subsequently form as an F21 fractal from the Alphabet of Niro Attractors as part of the formation of the 3rd segment of which Gold quotes will rise above $1,800 per troy ounce after 09/15/2022, bouncing off $1,745, which will end the 2nd segment of the purple fractal F21.