Trend Table for GAU - Galiano Gold Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	B	Strong	Up	Up	Up	140.98%
Jan 30	B	Strong	Up	Up	Up	143.98%
Jan 27	B	Strong	Up	Up	Up	139.26%
Jan 26	B	Weak or Absent	Up	Up	Up	137.10%
Jan 25	B	Weak or Absent	Up	Up	Up	141.06%
Jan 24	B	Weak or Absent	Up	Up	Up	140.98%
Jan 23	B	Weak or Absent	Up	Up	Up	153.32%
Jan 20	B	Weak or Absent	Up	Up	Up	156.41%
Jan 19	B	Weak or Absent	Up	Up	Flat	162.50%
Jan 18	B	Weak or Absent	Up	Up	Up	160.64%