Tread Carefully With Leveraged Gold ETF
The Direxion Daily Gold Miners Index Bull 3X Shares (NUGT C+), one of the most heavily traded leveraged exchange traded funds, is on a tear. NUGT is up 13.45% over the past week and higher by more than 45% this month, prompting some market observers to speculate the fund could be poised for a breather.
Source: https://etfdb.com/leveraged-inverse-channel/tread-carefully-leveraged-gold-etf/
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