🟢 NUGT is trading 2.1% up today as gold miners rebound after the FOMC statement

NUGT is trading 2.1% higher today as gold-mining stocks rebound following the Federal Reserve's FOMC statement and a rise in geopolitical tensions.

• Gold miners are recovering from recent weakness as traders digest hawkish-but-patient messaging from the Fed and a modest uptick in gold prices.
• Renewed Middle East tensions are boosting demand for inflation hedging, supporting the sector after sharp moves earlier this week.
• The ETF provides 2x leveraged exposure to gold-mining stocks, amplifying the impact of the sector's intraday recovery.