🔴 Gold Miners ETF (NUGT) is trading 2.8% down today on profit-taking after a sharp rally

Gold Miners ETF (NUGT) is trading 2.8% down today on profit-taking and normalization following a sharp multi-day rally.

• The move follows an 8.08% jump to $167.52 on May 26, 2026, as the leveraged product retraces recent amplified gains.
• Pre-market commentary suggests the decline is a technical retrace rather than a fresh sector shock, noting that broader equities are roughly flat with no new macro data.
• The price action reflects typical volatility for the leveraged ETF after outsized moves in the underlying gold mining sector.