with Anthony, ZigZag & Platy
Is gold set to rise over the next 2-3 weeks. Well my analysis says that it is. We have now broken above the mid pitchfork line and trading in a channel. We are set to test the upper line of this channel within the next day or two before declining sharply into the 12/13 Sep and then catapult to highs in the 192 to 199 range. This would be supportive of further dollar weakness that i have posted here https://changeintrend.wordpress.com/2012/09/08/melt-up/ which is trading in a steep downwards sloping channel. The 3 day stochastic is in an overbought area and the Gold and Silver Index gapped up over the upper volatility band. A small range day with a higher close is likely to present a decent short for very short term traders, for others waiting for a low in the 173 area would present as a decent buy.
Notice also that a high is in conjunction with Platys astrological analysis of 9/20/12: Jupiter-Venus Conj 18°. The last conjunction of this type caused a 1 day drop of 3.43% before a slight pause in mid March and the continuation of the drop into mid May.