🟢 GDXU is trading 4.6% up today as gold miners rebound from a sharp pullback

GDXU is trading 4.6% up today as the 3x leveraged ETF rebounds from a sharp drop on July 28, tracking a recovery in major gold mining stocks.

• Geopolitical escalation in the Middle East and a hawkish-but-patient Fed backdrop are supporting gold-related sentiment while broader U.S. indices trade mixed.
• The move reflects a bounce following profit-taking earlier in the week, with GDXU's leverage amplifying the sector's modest recovery into a mid-single-digit gain.