Goldman Sachs Physical Gold ETF (AAAU)

Goldman Sachs Physical Gold ETF is trading at $39.67, down 2.65% on the session. The 50 day average sits at $42.70 and the 200 day at $44.58, which puts the stock in a downtrend. RSI is at 45.4, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $40.51 with resistance near $41.37, so that band frames the current range. Average daily movement is roughly $0.64, or about 1.6% of the share price, which is what any stop placement has to allow for. The overall health score of 46 out of 100 combines a trend score of 7, momentum of 63 and a risk score of 85.

The trust holds London Bars and Physical Gold of other specifications without numismatic value. It receives gold deposited by Authorized Participants in exchange for the creation of Baskets and delivers gold to Authorized Participants in exchange for Baskets surrendered to it for redemption.