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stocksJul 8, 2026, 4:43 AM

GDX Bearish Elliott Wave Sequence Remains Intact

The Gold Miners ETF (GDX) continues to show an incomplete bearish Elliott Wave structure from its March 2, 2026 high, with renewed weakness suggesting further downside.

GDX

The Gold Miners ETF (GDX) is turning lower again, confirming that its bearish Elliott Wave sequence from the March 2, 2026, high remains intact. The structure is still incomplete, favoring additional declines.

No further details on specific wave counts or targets were provided in the update. The video analysis underlines the ongoing bearish outlook for the sector.

Source: FXStreet Forex News