Report

GDX Elliott Wave Update: Rally Gains Momentum in Wave ((iii))

The Short Term Elliott Wave View for the Gold Miners ETF (GDX) indicates a 5-wave impulse cycle from the low on August 11, 2025. The wave ((i)) peaked at 58.88. Then, the wave ((ii)) dip concluded at 56.53. The index has climbed again in wave ((iii)) with a smaller impulse structure. From the wave ((ii)) low, wave (i) reached 61.73. Next, the wave (ii) pullback finished at 60.47.
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Elliott wave Forecast
Elliott wave Forecast

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