ProShares Ultra Gold Miners (NYSEARCA:GDXX) Trading 5.8% Higher – What’s Next?

Shares of ProShares Ultra Gold Miners (NYSEARCA:GDXXGet Free Report) shot up 5.8% on Wednesday . The company traded as high as $55.46 and last traded at $54.16. 19,600 shares changed hands during mid-day trading, an increase of 114% from the average session 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 two-hundred day moving average is $54.16.

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