The rand will also be controlled by fundamentals today.
If the rand does strengthen we will need to wat the price of gold as well.
If gold weakens & the rand strengthens the gold mines might start looking at retrenching workers which will cause the rand to weaken immediately.


Price has broken 14.65 twice, once on 27th December 2017 & once on 09th January 2018. The four hours 200 ema is flattening out making room for a break through. Price has made a lower high on the 4 hour chart If priced does break through the next are to look for reaction will be 14.50, then 14.3740 (MM1) If 14.50 holds can return to 15.0948 (WM4) this week

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