BobHermanus

BobHermanus

Gold is currently in a down trend, however not consistently. It went up a bit to consolidate(reason for the Fibonacci placement), it will break the long term up trend that it has been in for month and finally sell. I predict that will be follow the sell trendline and break it later for the buy.

BobHermanus

USDZAR has been playing around the trendline for sometime now, it has also rejected resistance a couple of times on the 15M chart, it will break the trend line and head down to 15.0000,