GDX Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
ETF · Gold Miners
GDX is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $76.19, currently 1.22% away. This pattern has shown a 100.0x profit factor across 14 backtested trades.
Current Setup
Close$77.12 +0.97%
Breakout Level$76.19
Distance to Level1.22%
RVOL1.0×
Pressure79
PatternCompression
Trade Plan
Entry$75.91
Stop$76.57
TP1$75.25
TP2$74.59
TP3$73.94
Chart
Backtest Performance
🏆 100% ClubWin Rate
100%
Profit Factor
—
Avg R
+1.00R
Trades
16
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 23 | BEAR | A- | $79.85 | $80.64 | $79.07 | $79.07 | WIN | +0.99R | 2 |
| Jun 17 | BULL | A- | $87.94 | $87.08 | $88.79 | $88.79 | WIN | +0.99R | 2 |
| Jun 9 | BEAR | A- | $78.22 | $78.80 | $77.63 | $77.63 | WIN | +1.02R | 2 |
| May 19 | BEAR | A- | $86.00 | $86.94 | $85.06 | $85.06 | WIN | +1.00R | 2 |
| May 11 | BULL | A- | $95.08 | $94.11 | $96.04 | $96.04 | WIN | +0.99R | 2 |
| May 4 | BEAR | A- | $86.73 | $87.38 | $86.08 | $86.08 | WIN | +1.00R | 3 |
| Apr 28 | BEAR | A- | $91.99 | $92.63 | $91.35 | $91.35 | WIN | +1.00R | 2 |
| Apr 17 | BULL | A- | $99.09 | $98.42 | $99.77 | $99.77 | WIN | +1.01R | 2 |
| Apr 14 | BULL | A- | $99.39 | $98.62 | $100.16 | $100.16 | WIN | +1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-26 | A- | BEAR | $76.19 | 1.02% | 79 | — |
| 2026-06-26 | A- | BEAR | $76.19 | 1.02% | 79 | — |
| 2026-06-26 | A- | BEAR | $76.19 | 1.02% | 79 | — |
| 2026-06-26 | A- | BEAR | $76.19 | 1.02% | 79 | — |
| 2026-06-26 | A- | BEAR | $76.19 | 1.02% | 79 | — |
| 2026-06-26 | A- | BEAR | $76.19 | 1.05% | 79 | — |
| 2026-06-26 | A- | BEAR | $76.19 | 1.17% | 89 | — |
| 2026-06-26 | A- | BEAR | $76.19 | 1.14% | 90 | — |
| 2026-06-26 | A- | BEAR | $76.19 | 1.06% | 89 | — |
| 2026-06-26 | A- | BEAR | $76.19 | 1.19% | 92 | — |
Bot Activity
No bot trades on GDX yet.
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