As per last post, lightly scaled in short sell on gold GCZ9 at 1165.8. Following ZYX Change Method trade management guidelines to control risk. Our proprietary fund flow indicators are negative foe a very short term trade. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized % return per position: 296.77% ………………Check out details .

Based on the ZYX Change Method, the stop on the rest of the GCZ9 hit at $1137. Again the position exited with profit. Now, we have no position in gold, but are inclined to short it again tomorrow on spikes up in the range of $1155 to 1175, with tight stop. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average

Aggressive accounts may lock in more profits right here at $1130 while maintaining the core position with stops per the ZYX Change Method. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized % return per position: 296.77% ………………Check out details .

Please refer to our last post for the reasons behind predicting gap down on gold. At $1136, we have $17 profit. In keeping with the ZYX Change Method, we suggest taking partial profit around $1136 to $1137, tight stop on rest of non core position and a wider stop on the core position. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions:

In response to the comment on why we are short gold, the point of this blog is to be ahead of the crowd. Long gold is a crowded trade with lots of late comers to the paty. Our proprietary fund flow indicators are once again negative indicating that the smart money is selling into the strength. With the exception of the technical screen, all other screens of the ZYX Change Method are negative. In our earlier post, we cautioned about hilding the short position overnight due to high gap risk. Lately prices in the elecrtonic trading after the floor trading