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Direxion Daily Gold Miners Index Bull 2X Shares

Direxion Daily Gold Miners Index Bull 2X Shares technical analysis

NUGTTrading--Leveraged Equity Updated daily

Technical analysis of Direxion Daily Gold Miners Index Bull 2X Shares (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.

What is Direxion Daily Gold Miners Index Bull 2X Shares

NUGT is a fund that tracks with 2X daily leverage the performance of an index of publicly traded companies engaged in gold mining and, to a lesser extent, silver mining globally. The fund invests at least 80% of its net assets in financial instruments that provide leveraged exposure to the index. It is a non-diversified instrument designed for trading.

Description generated automatically from public sources; it may be inaccurate or out of date.

Direxion Daily Gold Miners Index Bull 2X Shares: latest session data

Closing values for September 4, 2026, computed on the last 12 months of prices.

Close191.85 $
Change−4.34%
RSI (14)56.9
MACD14.286
ADX29.1
Volatility (ATR)7.02%
Volume vs 20-avg106%
12-month high231.54 $
12-month low98.81 $

Moving averages

21 sessions

184.05 $

+4.24%

50 sessions

144.92 $

+32.39%

200 sessions

183.66 $

+4.46%

Session levels

s2

187.99

Support

s1

194.27

Support

pivot

197.79

Pivot

r1

204.07

Resistance

r2

207.59

Resistance

How to read it

In the September 4, 2026 session Direxion Daily Gold Miners Index Bull 2X Shares closed lower at 191.85 $, −4.34% versus the previous session.

The price sits above every moving average observed: +4.24% against the 21-session average, +32.39% against the 50 and +4.46% against the 200.

The 14-period RSI reads 56.9, in neutral territory.

MACD stands at 14.286 against a signal line at 16.569: the histogram is negative (−2.284).

ADX reads 29.1, indicating a marked directionality.

Levels computed on the latest session place supports at 194.27 and 187.99 $ and resistances at 204.07 and 207.59 $, around a pivot of 197.79.

The average daily range (ATR) is 13.465 $, or 7.02% of price.

Turnover was 788.5K shares, 106% of the 20-session average.

Over the last twelve months the price ranged between 98.81 and 231.54 $, and today stands −17.14% from the period high.

Measures computed on closing prices. They describe the past; they are not forecasts.

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How Montbon’s technical analysis works

Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.

Elliott Waves

Wave counting to frame the price structure.

MTF moving averages

Moving averages across timeframes to read the trend.

0–100 score

A technical summary of the setup, updated daily.

Read the full Montbon Score methodology →

FAQ about Direxion Daily Gold Miners Index Bull 2X Shares

How is Direxion Daily Gold Miners Index Bull 2X Shares analysed technically?

Technical analysis of Direxion Daily Gold Miners Index Bull 2X Shares is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.

Which timeframes are used for Direxion Daily Gold Miners Index Bull 2X Shares?

The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.

What are Elliott Waves applied to Direxion Daily Gold Miners Index Bull 2X Shares?

Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Direxion Daily Gold Miners Index Bull 2X Shares it helps frame the technical structure of the historical chart and is not a forecast.

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