Stock prices are falling out of the bed, the central banks are printing money trying to keep this party going just a little longer. But, the first losses have now come in, over the last two days we have seen the stock market drop and this looks like it could continue now but what that essentially means is that we could see a large rally in the gold market as money moves to a safer asset.
This week we are still seeking a weaker dollar and stronger foreign currencies, due to the economic climate we can see and should expect large swings in price as markets seek liquidity.
Today our analysis continues on from yesterday.
Our target is 1.0940
Our target is 1.2440
Our target is 1.3850
Our target is 1750.00