EdieOoi
Long

LONG : Missile launched ; high tensions between US and Russia

FX:XAUUSD   Gold Spot / U.S. Dollar
Description in chart. Good luck!
Comment: If correction happened at 1356, 5th wave gonna go all to 1378
Hello Edie
I agree with your concepts but not your economics or history.
He fired cruise missiles this time last year ... some 70 I believe and for the same reason.
That was unilateral
This was multilateral action, and they have been fighting/ dropping bombs for last 9 years ... ISIS (in Syria), Iraq, Afghanistan (Al Quaeda and ISIS) ...

I believe your catalyst may be lack of support at home; the ongoing legal stuff (yawn) and Russia, Russia, Russia!
All the 2018 Price action looks like upside consolidation to me: (1350-1240) + 1310 := 1420+ with a stop just below your pt (4) trend line.
+1
... just my 2c worth
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EdieOoi Oh_If_Only
@Oh_If_Only, Thanks brother for sharing.

Yes, upon checking i was wrong. Obama did it in 2014. First trump attack was in April 2017. Gold trended up after these events.

Good luck!
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Good luck
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