TAKE PROFITS ON THE LAST SHORTED TRANCHE OF GOLD MINER BARRICK GOLD TAKING ADVANTAGE OF WEAK EARNINGS $ABX $DUST $NEM $GDX $NUGT $GDXJ $GLD $SLV

TAKE PROFITS ON THE LAST SHORTED TRANCHE OF GOLD MINER BARRICK GOLD TAKING ADVANTAGE OF WEAK EARNINGS $ABX $DUST $NEM $GDX $NUGT $GDXJ $GLD $SLV

This post was just published on ZYX Short Change Alert. 

The last  short sell  tranche of gold miner ABX is from $20.18.  It is trading at $17.15 as of this writing.  Our target zone to buy-to-cover for this tranche was $16 to $17.66.  Barrick Gold

What To Do Now

Consider taking profits on the entire 20% tranche from the last post right here and buy-to-cover.

Consider continuing to hold the remaining short ABX position.

Those not in gold miner ABX may wait for a short signal on the Real Time Feed.

Trades posted on The Arora Report Market Blog have produced unrivalled performance since 2007.  Please click here and scroll down to see the table of all trades.  These trades have been scrutinized in real-time by thousands of subscribers across the globe.  This provides easy verification of performance for newcomers to this site.  Only those trades are included in the performance where the entry post was made available to subscribers to The Arora Report Market Blog.  When the entry post is made available only to the paying subscribers and not posted in real-time on The Arora Report Market Blog, the resulting performance of the trade is not credited in the performance table.  There are very nice gains on this trade but since the entry trade was not posted here in real-time, handsome profits on this trade will not be added to the performance of The Arora Report Market Blog shown on the table.

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