🟢 Gold Miners 3X ETN (GDXU) is trading 3.8% up as gold rebounds from a two-month low

GDXU is trading at $99.66, up 3.77%, as gold rebounds from a two-month low, supported by a pullback in the dollar and Treasury yields.

• Spot gold rose 0.5% to $4,132.66 in one early report.
• Yields and oil remain elevated, while a hawkish Fed outlook continues to weigh on bullion.
• GDXU’s 3x leverage can amplify moves in gold-miner shares.