Market Vectors Gold MinersGDX
Auto-detected technical analysis for GDX · data as of Sep 1, 2026. The chart above is live; the read below updates daily.
GDX just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
As long as price stays above $77.29, the setup is intact — if it trades back below there, the trade is over.
A natural first target sits near $89.30 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and when a day closes below it, step aside at the next open.
GDX is currently forming a falling wedge on the daily timeframe. Detected Sep 1, 2026.
New to this pattern? What a falling wedge is and how to trade it →
GDX's most recent completed falling wedge resolved as a loss: it broke higher on Oct 16, 2026 near $88.20, then was stopped out at $81.16 on Oct 23, 2026 — a 8.0% move (-1.23R) over 5 sessions. Across 137,399 backtested falling wedges, this setup wins 42.3% of the time.
Every completed pattern trade our nightly backtest found on GDX's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling wedge | Oct 16, 2026 @ $88.20 | Oct 23, 2026 @ $81.16 | Loss | +7.4% · -1.23R |
| Rising wedge | Aug 5, 2026 @ $82.20 | Sep 1, 2026 @ $95.16 | Win | +5.5% · +1.51R |
| Falling wedge | Jul 22, 2026 @ $75.92 | Sep 1, 2026 @ $95.16 | Win | +6.7% · +3.56R |
| Falling wedge | Jun 5, 2026 @ $80.25 | Aug 7, 2026 @ $90.36 | Loss | +13.6% · -1.00R |
| Falling wedge | May 11, 2026 @ $97.40 | May 18, 2026 @ $88.65 | Loss | +34.4% · -1.52R |
| Rising wedge | Dec 22, 2025 @ $91.02 | Feb 2, 2026 @ $93.97 | Win | +18.5% · +0.48R |
| Triangle | Dec 11, 2025 @ $85.87 | Feb 2, 2026 @ $93.97 | Win | +16.6% · +1.23R |
| Rising wedge | Aug 29, 2025 @ $63.05 | Oct 10, 2025 @ $75.86 | Win | +6.0% · +4.97R |
| Rising wedge | Aug 22, 2025 @ $60.55 | Oct 10, 2025 @ $75.86 | Win | +9.7% · +4.56R |
| Triangle | Jul 22, 2025 @ $54.25 | Aug 20, 2025 @ $57.24 | Win | +2.4% · +0.95R |
| Triangle | Jul 15, 2025 @ $51.28 | Jul 21, 2025 @ $53.30 | Loss | +10.3% · -1.00R |
| Triangle | Jul 8, 2025 @ $50.45 | Jul 14, 2025 @ $53.21 | Loss | +10.6% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $74.64 about 4 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $108.20 — still about 14% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 1, 2026 | $95.16 | $98.26 | $94.49 | $94.67 |
| Aug 31, 2026 | $99.28 | $99.64 | $96.99 | $98.51 |
| Aug 28, 2026 | $104.24 | $104.78 | $98.69 | $99.65 |
| Aug 27, 2026 | $102.14 | $104.11 | $101.69 | $103.69 |
| Aug 26, 2026 | $103.37 | $104.16 | $102.31 | $102.42 |
| Aug 25, 2026 | $101.94 | $105.67 | $101.80 | $105.52 |
| Aug 24, 2026 | $103.98 | $104.66 | $101.53 | $103.54 |
| Aug 21, 2026 | $102.65 | $103.25 | $101.77 | $102.83 |
| Aug 20, 2026 | $96.32 | $100.33 | $96.30 | $99.85 |
| Aug 19, 2026 | $94.03 | $97.47 | $93.81 | $97.33 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.