GDXU is trading at $156.37, down 10.04% in pre-market, likely reflecting profit-taking after its 11.42% gain on September 3.

  • GDXU is a 3x leveraged note tied to gold-miner ETFs GDX and GDXJ.
  • Renewed volatility ahead of the U.S. payrolls report is adding uncertainty.
  • Spot gold was reported near $4,385, but elevated Treasury yields and rate uncertainty can pressure mining equities despite bullion strength.