gold will hit 1115 regardless. it's a straight shoot. This should mean more immediate legs in euro.
I was hoping for a crash in Aug but elliott wave always said euro could (update the maximum) get to 1.52 or 1.53 before then going to 1.00. Actually thats working out. Elliott wave theory suggests we are in wave E(the last leg up before big crash C) up of B (the wave up since March)in DJIA. mmm also after solar eclipses have led to market crashes in '29, '87, '00,'08. We had one in July. In history when the market doesn't crash within 25 days it falls big time two or 4 weeks before next lunar eclipse (which is 31 Dec or Jan 2010 solar annular). To sum up I wont expect crash of Euro till December.