Sprott Physical Gold Trust

PHYS continues in a Stage 4 decline characterized by sequential lower highs and lower lows. The medium-term bias remains bearish, reinforced by active continuation patterns, while the primary Double Bottom hints at short-term exhaustion but does not invalidate the downtrend. Near-term timing is neutral as price is oversold and tracking below declining EMAs, suggesting selling should be deferred into rallies near 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