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GMX analysis · Nov 9, 2026 · Downtrend

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Daily candle close

Daily close 7.61 −5.23% on the day

Nov 9, 2026 in one sentence

GMX closed the day inside the 7.52–7.70 zone. A daily close above 7.70 opens the way to 7.77–7.85; below 7.52, to 6.86–7.01.

What changed since yesterday

  • The close moved from 8.03 to 7.61 (−5.23%); the daily trend is down.
  • Yesterday's support 7.77 broke: the day closed below it.
  • Nearest resistance moved from 9.09 to 7.70.
  • The daily trend flipped from sideways to down.
  • RSI(14) daily moved from 46.7 to 41.9 (−4.8).
  • Yesterday's analysis →

GMX on Nov 9, 2026: up or down? Two paths from the daily levels · each needs a daily close

Upside path A daily close above the zone top 7.70 (1.2% above the close) opens the way to 7.77–7.85, then the key zone 8.88–9.09.
Downside path A daily close below the zone bottom 7.52 (1.2% below the close) opens the way to 6.86–7.01.

Not financial advice

GMX lost its 7.77 support and closed at 7.61, down 5.23 percent from yesterday. The weekly trend is still up, and the close is inside the 7.52–7.70 band that has been tested 4 times. Two paths: a daily close above 7.70 would ease the pressure, while a daily close under 7.52 would open the way lower.

Support and resistance on Nov 9, 2026

  • Zone bottom 7.52 1.2% below the close
  • Zone top 7.70 1.2% above the close

The bigger picture

The daily trend is down and the weekly trend is up. Volume was lighter than usual. The price is above its long-term average at 7.58.

What to watch

RSI is at 41.9, weak. On a daily close, above 7.70 the market would be repairing the damage; under 7.52 the way lower opens.

Frequently asked questions

What were the support and resistance levels for GMX on Nov 9, 2026?

On the daily chart, the nearest support is 7.52 and the nearest resistance is 7.70.

Was GMX up or down on Nov 9, 2026?

GMX closed the day at 7.61, −5.23%. The daily trend is down. A daily close beyond 7.52 or 7.70 is what would change that picture.

What happens if GMX closes above 7.70?

A daily close above the zone top 7.70 (1.2% above the close) opens the way to 7.77–7.85, then the key zone 8.88–9.09.

What happens if GMX closes below 7.52?

A daily close below the zone bottom 7.52 (1.2% below the close) opens the way to 6.86–7.01.

GMX: technical analysis →