ken168
Short

Go short 1275 nearby for AB=CD target 1175 exit..

FX:XAUUSD   Gold Spot / U.S. Dollar
247 2 9
Go short 1275 nearby for AB=CD target 1175 exit.
Go, go, go, short 1275 nearby for Fibo target 1171 exit.
OR, AB=CD (1303-1199)=(1279-1175) exit, go, go, go.
Dear Ken! How about your rule: "Price bars gone above MA50; only go long; if price bars gone below MA50, only consider go short". And were is your BB?
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IMO it will not see 1175-71. Could be 1250-40 but not 1175!! check again.
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