NYSE ยท ETF ยท ENHANCED MARKET DYNAMICS

ASA

ASA Gold and Precious Metals Ltd

US

EMD SCORE50/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build33% directional agreement79% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 63.51
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 85.3447.048.73 8 Sep 2023 ยท EMD 34/100 ยท close 14.27 15 Sep 2023 ยท EMD 36/100 ยท close 14.28 22 Sep 2023 ยท EMD 34/100 ยท close 14.15 29 Sep 2023 ยท EMD 32/100 ยท close 13.26 6 Oct 2023 ยท EMD 31/100 ยท close 12.95 13 Oct 2023 ยท EMD 37/100 ยท close 13.40 20 Oct 2023 ยท EMD 39/100 ยท close 13.78 27 Oct 2023 ยท EMD 42/100 ยท close 13.66 3 Nov 2023 ยท EMD 42/100 ยท close 13.72 10 Nov 2023 ยท EMD 30/100 ยท close 12.83 17 Nov 2023 ยท EMD 42/100 ยท close 13.65 24 Nov 2023 ยท EMD 44/100 ยท close 14.11 1 Dec 2023 ยท EMD 60/100 ยท close 15.68 8 Dec 2023 ยท EMD 51/100 ยท close 15.06 15 Dec 2023 ยท EMD 56/100 ยท close 15.15 22 Dec 2023 ยท EMD 62/100 ยท close 15.79 29 Dec 2023 ยท EMD 48/100 ยท close 14.99 5 Jan 2024 ยท EMD 55/100 ยท close 14.92 12 Jan 2024 ยท EMD 63/100 ยท close 15.19 19 Jan 2024 ยท EMD 49/100 ยท close 14.38 26 Jan 2024 ยท EMD 53/100 ยท close 14.63 2 Feb 2024 ยท EMD 52/100 ยท close 14.44 9 Feb 2024 ยท EMD 50/100 ยท close 14.21 16 Feb 2024 ยท EMD 42/100 ยท close 13.73 23 Feb 2024 ยท EMD 42/100 ยท close 13.81 1 Mar 2024 ยท EMD 43/100 ยท close 13.82 8 Mar 2024 ยท EMD 49/100 ยท close 14.92 15 Mar 2024 ยท EMD 56/100 ยท close 15.05 22 Mar 2024 ยท EMD 55/100 ยท close 15.00 29 Mar 2024 ยท EMD 59/100 ยท close 15.29 5 Apr 2024 ยท EMD 76/100 ยท close 16.92 12 Apr 2024 ยท EMD 70/100 ยท close 16.90 19 Apr 2024 ยท EMD 84/100 ยท close 17.40 26 Apr 2024 ยท EMD 82/100 ยท close 17.18 3 May 2024 ยท EMD 80/100 ยท close 17.34 10 May 2024 ยท EMD 84/100 ยท close 18.05 17 May 2024 ยท EMD 88/100 ยท close 19.10 24 May 2024 ยท EMD 78/100 ยท close 18.44 31 May 2024 ยท EMD 79/100 ยท close 18.33 7 Jun 2024 ยท EMD 70/100 ยท close 17.37 14 Jun 2024 ยท EMD 69/100 ยท close 17.24 21 Jun 2024 ยท EMD 66/100 ยท close 17.25 28 Jun 2024 ยท EMD 67/100 ยท close 17.48 5 Jul 2024 ยท EMD 77/100 ยท close 19.11 12 Jul 2024 ยท EMD 83/100 ยท close 20.25 19 Jul 2024 ยท EMD 74/100 ยท close 19.09 26 Jul 2024 ยท EMD 72/100 ยท close 18.51 2 Aug 2024 ยท EMD 68/100 ยท close 18.28 9 Aug 2024 ยท EMD 61/100 ยท close 17.62 16 Aug 2024 ยท EMD 75/100 ยท close 19.06 23 Aug 2024 ยท EMD 78/100 ยท close 19.80 30 Aug 2024 ยท EMD 72/100 ยท close 19.48 6 Sep 2024 ยท EMD 71/100 ยท close 18.70 13 Sep 2024 ยท EMD 83/100 ยท close 20.17 20 Sep 2024 ยท EMD 82/100 ยท close 20.53 27 Sep 2024 ยท EMD 78/100 ยท close 20.91 4 Oct 2024 ยท EMD 82/100 ยท close 20.81 11 Oct 2024 ยท EMD 83/100 ยท close 21.05 18 Oct 2024 ยท EMD 87/100 ยท close 22.30 25 Oct 2024 ยท EMD 79/100 ยท close 22.14 1 Nov 2024 ยท EMD 84/100 ยท close 21.89 8 Nov 2024 ยท EMD 81/100 ยท close 21.43 15 Nov 2024 ยท EMD 59/100 ยท close 19.43 22 Nov 2024 ยท EMD 63/100 ยท close 20.07 29 Nov 2024 ยท EMD 66/100 ยท close 20.34 6 Dec 2024 ยท EMD 65/100 ยท close 20.59 13 Dec 2024 ยท EMD 61/100 ยท close 20.66 20 Dec 2024 ยท EMD 58/100 ยท close 19.96 27 Dec 2024 ยท EMD 58/100 ยท close 20.10 3 Jan 2025 ยท EMD 64/100 ยท close 20.75 10 Jan 2025 ยท EMD 70/100 ยท close 21.72 17 Jan 2025 ยท EMD 68/100 ยท close 21.76 24 Jan 2025 ยท EMD 79/100 ยท close 22.66 31 Jan 2025 ยท EMD 82/100 ยท close 23.34 7 Feb 2025 ยท EMD 89/100 ยท close 25.30 14 Feb 2025 ยท EMD 81/100 ยท close 25.34 21 Feb 2025 ยท EMD 81/100 ยท close 25.02 28 Feb 2025 ยท EMD 80/100 ยท close 24.36 7 Mar 2025 ยท EMD 86/100 ยท close 25.73 14 Mar 2025 ยท EMD 88/100 ยท close 26.79 21 Mar 2025 ยท EMD 88/100 ยท close 28.17 28 Mar 2025 ยท EMD 92/100 ยท close 29.94 4 Apr 2025 ยท EMD 76/100 ยท close 25.01 11 Apr 2025 ยท EMD 91/100 ยท close 29.38 18 Apr 2025 ยท EMD 89/100 ยท close 30.67 25 Apr 2025 ยท EMD 80/100 ยท close 29.23 2 May 2025 ยท EMD 81/100 ยท close 28.76 9 May 2025 ยท EMD 89/100 ยท close 30.68 16 May 2025 ยท EMD 77/100 ยท close 28.45 23 May 2025 ยท EMD 88/100 ยท close 31.31 30 May 2025 ยท EMD 87/100 ยท close 31.61 6 Jun 2025 ยท EMD 87/100 ยท close 33.77 13 Jun 2025 ยท EMD 89/100 ยท close 34.25 20 Jun 2025 ยท EMD 84/100 ยท close 32.55 27 Jun 2025 ยท EMD 74/100 ยท close 30.48 4 Jul 2025 ยท EMD 82/100 ยท close 32.08 11 Jul 2025 ยท EMD 79/100 ยท close 32.51 18 Jul 2025 ยท EMD 74/100 ยท close 32.43 25 Jul 2025 ยท EMD 73/100 ยท close 32.57 1 Aug 2025 ยท EMD 69/100 ยท close 30.99 8 Aug 2025 ยท EMD 85/100 ยท close 35.08 15 Aug 2025 ยท EMD 81/100 ยท close 34.49 22 Aug 2025 ยท EMD 86/100 ยท close 35.90 29 Aug 2025 ยท EMD 89/100 ยท close 37.58 5 Sep 2025 ยท EMD 89/100 ยท close 39.50 12 Sep 2025 ยท EMD 96/100 ยท close 41.45 19 Sep 2025 ยท EMD 93/100 ยท close 42.32 26 Sep 2025 ยท EMD 93/100 ยท close 44.38 3 Oct 2025 ยท EMD 89/100 ยท close 45.54 10 Oct 2025 ยท EMD 84/100 ยท close 46.83 17 Oct 2025 ยท EMD 83/100 ยท close 49.01 24 Oct 2025 ยท EMD 82/100 ยท close 45.32 31 Oct 2025 ยท EMD 87/100 ยท close 45.90 7 Nov 2025 ยท EMD 85/100 ยท close 45.84 14 Nov 2025 ยท EMD 83/100 ยท close 47.65 21 Nov 2025 ยท EMD 79/100 ยท close 45.96 28 Nov 2025 ยท EMD 87/100 ยท close 52.69 5 Dec 2025 ยท EMD 86/100 ยท close 52.95 12 Dec 2025 ยท EMD 89/100 ยท close 57.82 19 Dec 2025 ยท EMD 90/100 ยท close 58.92 26 Dec 2025 ยท EMD 90/100 ยท close 62.41 2 Jan 2026 ยท EMD 82/100 ยท close 58.21 9 Jan 2026 ยท EMD 89/100 ยท close 61.82 16 Jan 2026 ยท EMD 87/100 ยท close 63.42 23 Jan 2026 ยท EMD 92/100 ยท close 73.56 30 Jan 2026 ยท EMD 79/100 ยท close 64.50 6 Feb 2026 ยท EMD 88/100 ยท close 65.98 13 Feb 2026 ยท EMD 90/100 ยท close 71.47 20 Feb 2026 ยท EMD 88/100 ยท close 72.61 27 Feb 2026 ยท EMD 92/100 ยท close 81.24 6 Mar 2026 ยท EMD 87/100 ยท close 72.84 13 Mar 2026 ยท EMD 76/100 ยท close 65.12 20 Mar 2026 ยท EMD 62/100 ยท close 54.83 27 Mar 2026 ยท EMD 66/100 ยท close 58.47 3 Apr 2026 ยท EMD 68/100 ยท close 63.15 10 Apr 2026 ยท EMD 73/100 ยท close 67.36 17 Apr 2026 ยท EMD 73/100 ยท close 69.80 24 Apr 2026 ยท EMD 70/100 ยท close 66.55 1 May 2026 ยท EMD 67/100 ยท close 63.82 8 May 2026 ยท EMD 73/100 ยท close 69.12 15 May 2026 ยท EMD 60/100 ยท close 64.74 22 May 2026 ยท EMD 49/100 ยท close 59.54 29 May 2026 ยท EMD 65/100 ยท close 64.25 5 Jun 2026 ยท EMD 39/100 ยท close 56.67 12 Jun 2026 ยท EMD 47/100 ยท close 57.39 19 Jun 2026 ยท EMD 45/100 ยท close 59.21 26 Jun 2026 ยท EMD 34/100 ยท close 53.35 3 Jul 2026 ยท EMD 39/100 ยท close 54.48 10 Jul 2026 ยท EMD 33/100 ยท close 52.51 17 Jul 2026 ยท EMD 28/100 ยท close 48.09 24 Jul 2026 ยท EMD 32/100 ยท close 50.47 31 Jul 2026 ยท EMD 28/100 ยท close 48.93 7 Aug 2026 ยท EMD 41/100 ยท close 57.79 14 Aug 2026 ยท EMD 40/100 ยท close 58.60 21 Aug 2026 ยท EMD 51/100 ยท close 63.27 28 Aug 2026 ยท EMD 50/100 ยท close 63.51 17 May 2024 ยท Up-cycle confirmed ยท close 19.10 5 Jul 2024 ยท Up-cycle confirmed ยท close 19.11 16 Aug 2024 ยท Up-cycle confirmed ยท close 19.06 6 Mar 2026 ยท Down-cycle confirmed ยท close 72.84 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 86%Current EMD +0.64-week EMD change +45.2156-week price range USD 12.83โ€“81.24

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

40/100-0.26

Cautious pressure beneath price
4-week change +1.23

02

Trend and deviation

43/100+2.7% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

70/1004w +29.8% ยท 13w -1.2%

Momentum is supportive
SMI 0.11

04

Price-volume pressure

44/10044% constructive pressure

Volume is leaning against the close
Volume ratio 0.78x

05

Relative leadership

49/100-0.28

The ticker is lagging its benchmark
4-week change +18.90

06

Modeled Trend

56/100Modeled Trend 0.04

Modeled Trend is supportive
Smoothed Modeled Trend 0.15

Evidence context