[May 24, 2013] PowerShares DB Gold Fund Has Returned 20.8% Since SmarTrend Recommendation (DGL) Tweet May 24, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for PowerShares DB Gold Fund (NYSE:DGL) on October 19th, 2012 at $59.40. In approximately 7 months, PowerShares DB Gold Fund has returned 20.75% as of today's recent price of $47.07. Over the past year, PowerShares DB Gold Fund has traded in a range of $45.83 to $61.82 and is now at $47.07, 3% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.1%. PowerShares DB Gold Fund is an exchange-traded fund incorporated in the USA. The Fund's objective is to track the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold Excess Return Index, which is intended to reflect the changes in market value of gold. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of PowerShares DB Gold Fund. Log in and add PowerShares DB Gold Fund (DGL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]