These days, the volatility of GDXU has been quite intense. Last week, the pre-market price once fell by more than 10% due to the sharp drop in gold prices, and then rebounded significantly after the market closed. The current trading volume is also quite active, indicating that both speculative sentiment and the performance of underlying gold mining stocks are at play.
Gold prices are still very sensitive now, and GDXU, as a 3× leveraged product, has even greater feedback. Short-term trading requires close attention to risks.
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