GDXU is trading at $149.77, up 5.02% from the September 17 close of $142.61 as gold recovers above $4,300.

  • Gold reached a September 17 intraday high of $4,318.26.
  • Post-Federal-Reserve-decision selling has eased; equities and futures are higher overnight, while Treasury yields and oil prices ease.
  • Risk appetite has improved, and GDXU’s leverage is amplifying gold’s rebound.