Trend Table for OUNZ - Merk Gold Trust ETV

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	B	Strong	Up	Up	Up	8.52%
May 16	B	Strong	Up	Up	Up	10.31%
May 15	B	Strong	Up	Up	Up	9.88%
May 14	B	Strong	Up	Up	Up	11.28%
May 13	B	Strong	Up	Up	Up	12.27%
May 10	B	Strong	Up	Up	Up	10.94%
May 9	B	Strong	Up	Up	Up	11.87%
May 8	B	Strong	Up	Up	Flat	13.63%
May 7	B	Strong	Up	Up	Flat	13.37%
May 6	B	Strong	Up	Up	Flat	12.77%