Market Vectors Gold Miners(GDX)
Auto-detected technical analysis for GDX · data as of Jul 22, 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.
On this chart, setups like it have followed through about 88% of the time.
As long as price stays above $71.89, the setup is intact — a daily close back below there is the cue to step away.
A natural first target sits near $83.88 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.
GDX is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.
New to this pattern? What a falling wedge is and how to trade it →
Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.
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 | Jun 5, 2026 @ $83.67 | Jul 17, 2026 @ $70.99 | Win | +15.5% · +1.90R |
| Bullish Pennant | Feb 19, 2026 @ $103.32 | Mar 13, 2026 @ $93.26 | Loss | +23.4% · -1.70R |
| Rising Wedge | Dec 29, 2025 @ $86.92 | Jan 6, 2026 @ $92.14 | Loss | +13.1% · -1.10R |
| Triangle | Nov 25, 2025 @ $78.27 | Dec 29, 2025 @ $85.85 | Win | +18.5% · +1.30R |
| Falling Wedge | Jul 21, 2025 @ $52.04 | Jul 28, 2025 @ $52.59 | Win | +5.1% · +0.35R |
| Rising Wedge | Oct 18, 2024 @ $42.94 | Nov 11, 2024 @ $36.73 | Loss | +13.6% · -1.30R |
| Bullish Pennant | May 9, 2024 @ $34.59 | Jul 19, 2024 @ $37.39 | Win | +11.0% · +1.69R |
| Triangle | Nov 28, 2023 @ $30.15 | Feb 9, 2024 @ $26.97 | Loss | +16.0% · -1.01R |
| Bullish Pennant | Nov 7, 2022 @ $25.19 | Nov 28, 2022 @ $27.30 | Win | +16.1% · +0.81R |
| Rising Wedge | Aug 17, 2022 @ $26.49 | Aug 26, 2022 @ $24.77 | Win | +8.3% · +1.58R |
| Triangle | Jun 23, 2022 @ $29.56 | Aug 30, 2022 @ $24.16 | Win | +18.7% · +1.67R |
| Bullish Pennant | Apr 1, 2022 @ $39.15 | Apr 22, 2022 @ $36.94 | Loss | +12.9% · -1.64R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $75.92 | $77.99 | $75.92 | $76.68 |
| Jul 21, 2026 | $72.44 | $74.23 | $72.11 | $74.19 |
| Jul 20, 2026 | $71.14 | $71.61 | $70.52 | $70.74 |
| Jul 17, 2026 | $70.40 | $71.93 | $69.74 | $71.32 |
| Jul 16, 2026 | $72.88 | $72.90 | $71.04 | $71.40 |
| Jul 15, 2026 | $74.44 | $75.29 | $72.64 | $74.00 |
| Jul 14, 2026 | $76.10 | $76.86 | $74.48 | $74.88 |
| Jul 13, 2026 | $74.10 | $74.64 | $72.84 | $73.37 |
| Jul 10, 2026 | $75.09 | $76.04 | $74.51 | $75.53 |
| Jul 9, 2026 | $75.15 | $76.05 | $74.32 | $75.78 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.