In line with the USDZAR long at WM2. Gold at WM3 forming head and shoulder pattern on M15. Waiting for confirmation of lower low. Also if we are selling EURUSD then we would expect Gold to move lower.

Gold H4

MPP/ WM3 makes for solid resistance. Support at WPP. Target for Bears at WM1. Watch M15 for confirmation.

Gold M15

We have a right shoulder, head and left shoulder. We need a break of the neckline with a plan to look to trigger the sell order at role reversal. Remember USDZAR if this confirms.

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