The share price of the Pure Gold Listed Trust (domestically stored physical gold) is shifting from a modestly flat trend in early October toward a rebound. The latest close was ¥19,835, up ¥365 from the previous day on 10/9.
Recent price action highlights include a close of ¥19,820 on 10/2 and a rise to ¥19,835 on 10/9, up ¥365 or 1.87% from the previous day. Although the past 5 trading days have remained range-bound in the upper ¥19,000s, a recovery move has emerged following the decline in late September.
Among technical indicators, a death cross was detected on 10/7 as the 25-day moving average fell below the 75-day moving average. Even after the rebound to ¥19,835 on 10/9, the medium-term lines remain inverted following the preceding downward pressure.