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September 4: Gold bulls strike back with support from nonfarm payrolls
August nonfarm payroll data will be released tonight. The market expected an increase of 80k nonfarm jobs in August, but the actual figure showed a sharp decline of 20k jobs. However, the employment data released by companies this Wednesday only decreased by 8,000, with no sign of massive layoffs, although the cooling unemployment rate is a fact.
The market expects tonight’s nonfarm payrolls to increase by 56k. Personally, I expect tonight’s data will not be particularly strong and will provide short-term support for gold.
XAUUSD-0.14%
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I wasn’t even expecting to break even, but it directly put me in profit—the service is incredibly on point. 🤣 While the screen was glowing green, $RAVE was still stubbornly holding at high levels. Someone sold off every time it pushed upward, the overhead resistance was especially obvious, and there was no follow-through in volume—clearly a bull trap.
I followed the momentum and opened a short at 0.5243, holding it all the way to 0.2523 and pocketing 80%. The timing on this move felt especially smooth. I closed 80% first and set a protection level for the remaining 20%, letting the profits r
RAVE2.62%
BTC4.13%
LAB1.48%
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Today’s unemployment data will decide the Fed’s rate decision
The market is expecting a 4.1% unemployment rate print
If unemployment jumps above 4.1% the Fed rate hike chances will drop
If unemployment comes below or at 4.1% the Fed hike odds will go up
This means higher than expected unemployment will pump the markets while any other scenario could cause a dump
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BTC update
gate liveLIVE
1,773
live-coin
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15:00–16:00 The 1h candle made a slight pullback to 0.2344 (digesting yesterday’s long upper wick), then rallied again on increased volume, breaking above the previous high of 0.2569 and reaching a high of 0.27. It is currently holding near the new high at 0.2663—the “a volume-backed breakout above 0.2569 would open up new room” call I made last time has played out, and short-term bulls remain fully in control of the market.
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USELESS_USDT
Long
Cross 10X
Return %
+1111.99%
Entry Price(USDT)
0.12540
Mark Price(USDT)
0.26589
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BTC Update
gate liveLIVE
1,842
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Spot Demand Situation
As of September 3, 2026:
1) Apparent Demand to Issuance 30D: -10.40
2) Net Age Flow 30D Sum: -153.8K BTC
The deterioration has been very rapid. As recently as August 29:
1) Apparent Demand: +1.16
2) Net Age Flow: +2.1K BTC
By August 30:
1) Apparent Demand: -3.33
2) Net Age Flow: -58.5K BTC
The decline then continued every day through September 3.
BTC4.15%
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aster-2:native now on Robinhood Chain @RobinhoodCrypto @RobinhoodApp
ASTER2.14%
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Ultimately, it still comes down to the principle that whoever has the computing power is stronger.
Goog, what are you doing?! 😡
GOOG1.59%
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Today is September 4, Friday
At 8:30 PM, two relatively important five-star data releases will be announced: the 🇺🇸 August unemployment rate and the much-anticipated 🇺🇸 August nonfarm payrolls data. So watch for volatility today and pay attention to your position size.
What everyone is actually most concerned about is the nonfarm payrolls figure, because its importance affects the next interest rate decision. With the previous figure at -23,000, expectations for this release are only 56,000 new jobs. I don’t really dare to make a judgment, so let’s quietly wait for the data to land and
ETH5.23%
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You’re making so much money—I’m genuinely suffering here.
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Let's go! Hit $1,000!
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#BTC finally broke above this important resistance.
We can see price pushing higher and breaking through the key level, but volume and RSI are showing some signs of weakness. Until we see a few more candle closes above this resistance, I wouldn’t consider this breakout fully confirmed.
Some sideways movement above this level could also be healthy, allowing the RSI and volume to reset before the next move.
Share your opinion in the comments.
BTC4.15%
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Shill me your 2️⃣0️⃣2️⃣6️⃣ #Altcoin that's ready to Lambo ___? 🚀💼⚡💎
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YieldWeaver:
Still looking for Lambo coins in 2026? I’m betting on those quietly building L2 infra, waiting for the wind to come.
Road to 2K
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Undaunted by volatility, bet ahead of tonight’s nonfarm payrolls!!!
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$ZEST Signal】Long | 1H MACD bullish continuation / elevated funding rate
$ZEST Funding rate 0.0549%, 4H MACD histogram expanding, 1H MACD golden cross continuing, RSI 1H 64.66. Order book imbalance 6.07%, bid-ask depth ratio 1.13, with dense buy support below. Current price is around 0.16163, and the 1H high of 0.1645 has been tested without breaking down on the pullback. The funding rate is elevated, long-side crowding is increasing, and the risk-reward ratio for chasing directly is low; support in the 0.1611-0.1616 pullback range offers clearer attack-and-defense levels.
🎯 Direction: Lon
ZEST-3.66%
BTC4.15%
ETH5.23%
SOL3.82%
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#UNI is still respecting the overall rising trendline, but price is now facing strong resistance around the recent highs near $6.40–$6.50.
What stands out here is the bearish divergence on the RSI. Price is making higher highs while the RSI is making lower highs, showing that momentum is weakening.
In my view, this could lead to some short-term cooling or a pullback, especially if UNI gets rejected from this resistance again. The rising trendline below remains an important level to watch.
#UNI
UNI8.46%
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BITCOIN JUST FLIPPED $79,500 INTO SUPPORT 🚨
Bitcoin broke through the $79,500 resistance I’ve been watching and pushed above $80K.
$BTC ‌ is now trading around $80.9K after briefly reaching above $82K.
The key level now is simple: $79.5K.
If Bitcoin holds above it, I’m watching $82K next.
Lose $79.5K, and this breakout starts looking a lot less convincing.
For now, the structure has improved significantly.
#Gate60MillionUsers
#BTCReclaims80K
#AugustNFPReportComing
BTC4.15%
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MrTaleb:
82K feels within reach; holding 79.5 would be a victory.
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Gm bulls ☕️
Another 100m+ runner on rh chain
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