3GDX.AS Leverage Shares 3x Long Gold Miners ETC EURONEXT Jan 2026: 1yr model +11.77%
The 3GDX.AS stock is trading as a pre-market top loser on EURONEXT at €25.40 on Jan 2026 after a recent pullback from a €28.11 12‑month high. Volume is light at 5,059 shares versus a 30‑day average of 6,199, signalling selective selling in this leveraged gold‑miners ETC. Traders should note this product tracks a 3x long exposure to gold‑miner indices and carries higher intraday volatility than single‑name ETFs.
3GDX.AS stock pre-market price action
Pre-market the Leverage Shares 3x Long Gold Miners ETC (3GDX.AS) opened at €26.21 and is quoted at €25.40 with a day low of €24.89 and day high of €26.58. Market capitalisation stands at €20,062,574.00 and shares outstanding are 864,360, so liquidity is modest and gaps can widen in thin trade.
Why 3GDX.AS is among today’s top losers
The ETF‑style ETC is highly sensitive to swings in gold and miner equities; a brief pullback in bullion and a weaker mining‑index session explain the loser status. Intraday technicals show momentum cooling despite recent gains, leaving leveraged units vulnerable to short‑term reversals.
Technical snapshot and sector context for 3GDX.AS stock
Technical indicators for 3GDX.AS show RSI 63.46 and MACD 0.98 with a signal at 0.89, suggesting positive but slowing momentum. The Financial Services sector in Europe is mixed; commodity‑linked minors (Basic Materials/Mining) are the drivers for miner ETF returns and are tracking higher year‑to‑date, raising sector correlation risk.
Meyka AI grade, model forecasts and price signals
Meyka AI rates 3GDX.AS with a score out of 100: 65.59 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 and sector comparisons, financial growth metrics, technical signals and analyst consensus. Meyka AI’s forecast model projects monthly €18.92, quarterly €20.02, and yearly €28.39, implying a +11.77% upside from €25.40 to the 12‑month model target. Forecasts are model‑based projections and not guarantees.
Price targets, volatility and practical trading notes
Short‑term traders should expect elevated ATR (€1.11) and potential 3x moves versus a standard gold ETF. Realistic near‑term observation levels: support near €24.89 and resistance near €28.11. Use strict risk controls and position sizing; a one‑day move can produce outsized gains or losses in this leveraged product.
Risks, liquidity and suitability for portfolios
3GDX.AS stock carries complex product risk: leverage decay, tracking error and intraday rebalancing effects. Average volume (6,199) and current volume (5,059) are low for a leveraged ETC, increasing slippage on entry and exit. This product is best for active traders with risk controls, not buy‑and‑hold retail exposure.
Final Thoughts
Key takeaways for the 3GDX.AS stock pre‑market top loser: the ETC trades at €25.40 on EURONEXT with modest volume and a volatile profile tied to gold‑miner performance. Meyka AI’s forecast model projects a yearly target of €28.39, implying an 11.77% upside from the current price; shorter horizons show downside risk (monthly €18.92, −25.51%). Our technical read shows momentum present but fragile (RSI 63.46, MACD histogram 0.09), and the product’s 3x leverage amplifies intraday moves. Traders should weigh liquidity (avg vol 6,199) and rebalancing risks and apply disciplined stop‑loss rules. Meyka AI, our AI‑powered market analysis platform, flags a B / HOLD grade, signalling a cautious stance: potential medium‑term upside exists but higher short‑term volatility and tracking risk make active risk management essential. Forecasts are model‑based projections and not guarantees.
FAQs
What drives 3GDX.AS stock moves?
3GDX.AS stock moves are driven by gold prices and the underlying gold‑miners index. As a 3x long ETC, it amplifies daily index moves, so miner equity volatility and bullion swings are the primary drivers.
What is Meyka AI’s rating for 3GDX.AS?
Meyka AI rates 3GDX.AS with a score out of 100 at 65.59, grade B with a HOLD suggestion. This factors sector and benchmark comparisons, metrics and forecasts.
What price target does Meyka AI give for 3GDX.AS stock?
Meyka AI’s forecast model projects a yearly target of €28.39, implying +11.77% from €25.40. Forecasts are model projections and not guarantees.
Is 3GDX.AS suitable for buy‑and‑hold investors?
No. Because 3GDX.AS is a leveraged 3x ETC, compounding, tracking error and intraday rebalancing make it unsuitable for buy‑and‑hold. It fits active traders with strict risk controls.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
