break 60k and move up or rejected once again and back to 55k, maybe 50k?
On a monthly timeframe I see the worst coming for the rand... The rand has been overall bullish but from the last few years all the bull runs were met by pullbacks ranging around 2 years each. We are currently in a pull back but have just started testing major supportive regions while falling into my cumulative buy area. My first target for the bullish...
Looks like we have an H&S breakout. Expecting a pullback to give me a better entry.
I believe we will soon see an economic crash which will force the stock market to turn very bearish. Once that happens a lot of money will flow back into gold, the "safe heaven."
Strong resistance has hit, I am expecting a very short term bearish pull back before gold continues going higher
Close above 118 will give us a nice bullish flag breakout. Target 135 then 140
massive blow to ripple but now that it is trading at such a low price, it only makes sense to HODL more!
Another bumpy ride is yet to follow Whatever goes up must come down