ProShares Ultra Gold Miners (NYSEARCA:GDXX) Trading 5.8% Higher – Should You Buy?

ProShares Ultra Gold Miners (NYSEARCA:GDXXGet Free Report) shares rose 5.8% during trading on Tuesday . The stock traded as high as $55.46 and last traded at $54.16. Approximately 19,600 shares were traded during mid-day trading, an increase of 114% from the average daily volume of 9,161 shares. The stock had previously closed at $51.19.

ProShares Ultra Gold Miners Price Performance

The firm’s 50-day moving average is $54.16 and its 200 day moving average is $54.16.

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