Market Vectors Gold Miners (GDX) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for GDX · data as of Jun 30, 2026. The chart above is live; the read below updates daily.

$75.45last close · Jun 30, 2026
Falling Wedge · playing out now

GDX is breaking down out of a falling wedge — these usually break higher, so a drop lower instead is a notably bearish turn.

On this chart, setups like it have followed through about 76% of the time.

As long as price stays below $90.36, it's in play — a daily close back above there calls it off.

The move's natural target sits near $70.99.

GDX falling wedge pattern

GDX is currently forming a Falling Wedge on the daily timeframe. Detected Jun 30, 2026.

DirectionBearishTarget$70.99Projected move−15.5%Breakout level$84.15

How falling wedges have performed

Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048

Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.

GDX support and resistance levels

On the weekly chart, price is resting in the open space between a floor below near $75.30 and a ceiling above near $131.15.

  • Price hasn't touched either edge recently, so there's no clear direction either way yet.
  • The next move usually shows itself when price reaches one of those edges — the clearest reads tend to begin right at one of these lines.

Nearest auto-detected support sits near $64.85, resistance near $75.48. These are chart/swing-derived levels, not formula pivots.

Resistance
$75.48$130.58$131.94
Support
$64.85

GDX recent daily prices

DateOpenHighLowClose
Jun 30, 2026$75.39$75.93$73.89$75.45
Jun 29, 2026$76.13$76.20$74.59$75.68
Jun 26, 2026$76.66$78.49$76.19$77.00
Jun 25, 2026$76.49$76.93$74.53$75.67
Jun 24, 2026$74.19$76.40$73.70$74.59
Jun 23, 2026$77.78$79.22$77.25$77.66
Jun 22, 2026$80.42$81.67$80.14$81.44
Jun 18, 2026$84.91$86.57$81.47$82.51
Jun 17, 2026$87.20$89.99$84.29$84.36
Jun 16, 2026$86.15$87.59$85.66$87.24

GDX frequently asked questions

What chart pattern is GDX forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Falling Wedge on Market Vectors Gold Miners (GDX) on the daily chart, with a measured-move target of $70.99.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on GDX is a bearish pattern, projecting a measured-move target of $70.99. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for GDX?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), GDX's nearest support is around $64.85 and nearest resistance around $75.48.
What is the price target if GDX's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $70.99 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was GDX's closing price on Jun 30, 2026?
Market Vectors Gold Miners (GDX) last closed at $75.45 on Jun 30, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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