🔴 Gold Miners 3X Leveraged ETF (GDXU) is trading 7.48% down today after stronger-than-expected U.S. payrolls

GDXU is trading at $160.81, down 7.48%, after the August U.S. payrolls report showed 162,000 jobs added versus 55,000 expected, reducing expectations for near-term Federal Reserve easing and pressuring gold and mining shares.

• GDXU gained 11.42% on September 3, prompting profit-taking.
• Gold-miner equities weakened broadly, amplifying the decline through GDXU’s 3x leverage.
• Middle East tensions and shifting rate expectations are adding volatility; GDXU’s daily reset raises reversal risk after the sharp rally.