---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42764824.md"
description: "$Microsectors Gold Miners -3x Inverse Leveraged ETN(GDXD.US) rose 11% overnight, $Pro Ultrshrt Crude Oil(SCO.US) saw a slight gain.Gold mining stocks fell harder than gold prices; the math of these instruments involves a third round of amplification with 3x leverage. Volatility in the oil sector was low, so the short side only made pocket change.The decay structure of inverse leveraged products dictates that they are only suitable for intraday or event-driven short-term trades. Holding them long without confirmed trends will grind even correct positions into losses due to volatility decay."
datetime: "2026-07-17T10:34:20.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42764824.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42764824.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42764824.md)
author: "[智能纪元](https://longbridge.com/en/profiles/27399834.md)"
---

# $Microsectors Gold Miners -3x Inverse Leveraged ET…


### Related Stocks

- [GDXD.US](https://longbridge.com/en/quote/GDXD.US.md)
- [SCO.US](https://longbridge.com/en/quote/SCO.US.md)