USDZAR is clearly bullish. but there seem to be some sort of selling opportunities at the support turned resistance the after retest where it looks like its going to push to. Resistance lies exactly at 61.8% fib level, another trust worthy confluence. if that happens, we expect USDZAR to fall to 18.10 where we might have a good buying opportunity. our confluences...
Gold is still in an overall bearish move, stuck in a descending channel. last week we closed with a strong bullish to the the trendline resistance. This upper trendline of the descending channel coincide with an order block responsible for a break of structure the previous week plus a 3rd touch. that gives us good confluence for a beautiful sell opportunity. We...
