Trend Table for OUNZ - Merk Gold Trust ETV

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 7	A	Weak or Absent	Up	Up	Down	11.11%
Aug 6	A	Weak or Absent	Up	Up	Down	10.97%
Aug 5	A	Weak or Absent	Up	Up	Flat	10.11%
Aug 2	A	Weak or Absent	Up	Up	Up	8.75%
Aug 1	A	Weak or Absent	Up	Up	Up	8.57%
Jul 31	A	Weak or Absent	Up	Up	Up	8.15%
Jul 30	B	Weak or Absent	Up	Up	Flat	10.15%
Jul 29	C	Weak or Absent	Up	Up	Down	11.21%
Jul 26	C	Weak or Absent	Up	Up	Down	11.06%
Jul 25	C	Weak or Absent	Up	Flat	Down	12.28%