🔴 NUGT is trading 5.1% down today on weakness in gold-mining shares and softer gold sentiment

NUGT is trading at $109.60 (-5.09%) as gold-mining shares face sector-wide pressure and softer sentiment in the gold market.

• The 2x leveraged structure of the ETF is amplifying the move lower following weakness in the underlying gold miners index.
• Broader risk-off sentiment and macro uncertainty ahead of the FOMC meeting are adding further strain to the sector.