Trend Table for OUNZ - Merk Gold Trust ETV

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 15	B	Weak or Absent	Up	Up	Flat	31.08%
Dec 14	B	Weak or Absent	Up	Up	Up	30.02%
Dec 13	B	Weak or Absent	Up	Up	Flat	30.75%
Dec 12	C	Weak or Absent	Up	Up	Down	33.75%
Dec 11	C	Weak or Absent	Up	Up	Down	33.54%
Dec 8	C	Strong	Up	Up	Down	32.16%
Dec 7	C	Strong	Up	Up	Flat	30.41%
Dec 6	C	Strong	Up	Up	Flat	30.61%
Dec 5	C	Strong	Up	Up	Flat	31.01%
Dec 4	B	Strong	Up	Up	Flat	30.48%