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

Russia’s Kudrin says state repository to sell 30 tonnes of gold to C. Bank before year-end at market price. From Reuters. 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 .

Short again on $GCZ9 from $1153 based on ZYX Change Method. Please see prior posts for details. Risk control is a very important aspect of the ZYX Change Method. Stop at $1156 and we will not carry it overnight due to high gap risk. 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

Stop hit and took out GCZ9 position at $1105. This trade illustrates the power of the trade management methodology of the ZYX Change Method, especiaaly for very short term trades. The trade generated substantial profits and now we are free to enter the trade again. 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%

Tighten the stops 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: 10 Average annualized % return per position: 296.77% ………………Check out details .