Sprott Physical Gold Trust

PHYS continues to exhibit a Stage 4 decline characterized by sequential lower highs and lows. The medium-term bias remains bearish, with active Support Failure and Lower Highs & Lower Lows patterns dominating. Near-term timing is neutral as price is oversold and tightly tracking below declining EMAs, suggesting that selling should be deferred until rallies into resistance zones.

• ↑Momentum models show 90% probability of price gains; MACD positive
• ↑Pivot-point buy signals emerge amid just 0.57% price volatility
• ↓Stock downgraded to sell after 2.68% drop; moving averages bearish