GDX Elliott Wave Analysis
GDX tracks gold mining companies. It provides leveraged exposure to gold price movements through miner operating leverage.
GDX wave structures amplify gold's moves with 2-3x leverage. Impulse waves during gold bull markets are explosive. Corrections can be deep and complex.
Key levels tied to gold prices, mining costs, and real interest rates.
GDX wave analysis combined with gold price analysis provides the highest conviction setups in the mining space.
H4 Wave Count
4-hour timeframe for precise entry timing
Daily Wave Count
Primary trading timeframe structure
Weekly Wave Count
Macro context and trend direction
Fibonacci Targets
Precise price targets from wave structure
Invalidation Levels
Exact price where the count is wrong
Alternative Scenario
What happens if the primary count fails
Get Daily GDX Analysis
Updated before London open, every trading day. H4, Daily, and Weekly wave counts with precise Fibonacci targets.