GDXU is trading at $129.29 (-3.01%) as profit-taking follows its exceptionally strong rally.

  • The ETF gained 21.25% on August 7 and 22.45% on August 5.
  • Barrick Mining’s production and earnings were strong, but costs rose and reported profit reportedly disappointed some expectations.
  • Gold remains elevated, while higher Treasury yields and caution ahead of the August 12 CPI report add pressure.