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VanEck Merk Gold Trust (OUNZ) Enters Oversold Territory

By: ETF Channel
November 24, 2020 at 10:59 AM EST
In trading on Tuesday, shares of the VanEck Merk Gold Trust ETF (OUNZ) entered into oversold territory, changing hands as low as $17.55 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..
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