E30 Noise from rear wheels

[blairsneighbore30]

Hey there,

I have a 1991 325i e30 convertible. Recently I noticed a squealing sound coming from the rear wheels area. Usually around acceleration. Ive looked around some forums but haven't seen anything that sounds like mine.

Also Have noticed a clunk when I change between drive and reverse and park. Happening more and more..

Any and all is much appreciated.

Thanks!