🟢 Gold Miners 3X Leveraged ETN (GDXU) is trading 4.43% up in pre-market as weaker dollar curbs September Fed hike expectations

GDXU is trading at $135.90, up +4.43% in pre-market as a weaker U.S. dollar and soft economic data reduce expectations for a September Federal Reserve rate hike.

• Spot gold rose approximately 0.4%, while December futures gained 0.3% overnight.
• The 0.6% July retail-sales decline supports safe-haven demand and lower-rate expectations, benefiting leveraged gold-miner exposure.