TAKE PARTIAL PROFITS ON GLD

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This post was just published on ZYX Short Sell Change Alert.

Consider taking partial profits ob a 5% tranche on GLD right here at $154.  Consider continuing to maintain the rest of the position short.

Our models continue to show that gold may go lower in the medium-term.  However in the short-term, gold is very oversold and it is best to book some profits in keeping with the ZYX Change Method.

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