GDXU is trading 5.9% higher today as gold miners bounce back alongside a broader recovery in global equities and stabilizing risk sentiment.
- A sharp overnight decline in oil prices is easing inflation and interest rate concerns, providing a tailwind for commodity-linked equities.
- The 3x leveraged ETF is attracting dip-buyers following recent volatility linked to trade tariffs and technology sector swings.
- Major U.S. futures and global indices are trending higher, signaling a shift toward a risk-on environment in pre-market trading.