🟢 Gold Miners 3X Leveraged ETN (GDXU) is trading 12.45% up after a positioning-driven technical rebound

GDXU is trading at $158.93 (+12.45%) following a positioning-driven technical rebound from its September 1 selloff.

• GDXU fell 12.31% on September 1. Its three-times daily leverage amplifies moves in gold-mining equities.
• On September 2, spot gold was reported at $4,333.35, down 2.75%.
• Rising Treasury yields and stronger rate-hike expectations weigh on precious-metals sentiment; the rebound appears primarily technical and positioning-driven rather than caused by a new bullish gold catalyst.