87.6
Gold miners ETF (GDX) Elliott Wave count at the Nov 6, 2026 close (price 87.6): the called count is cycle IV double zigzag, Y's (B) rising. It is invalid above 105.67. On the daily chart, intermediate (B) of primary Y, a zigzag up from $75.83, targeting 89.52 (invalid below 75.83).
Called count
Cycle IV still unfolding
What comes next · minute iii toward $87.98 - 90.53, minor c toward $95.69, (B) toward $89.52 - 93.09, then (C) of Y toward $62.89 - 45.64 and cycle IV toward $55.00 - 43.54
Invalid above 105.67 (20.6%)
Charts
Each chart zooms into the dashed box of the one before.Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong. Data: JSON · Markdown