From Record Highs to Rejection Zones: Your Friday Trade Map

In partnership with

Jobs Data Jitters, USD/CHF Rejection & Gold’s Breather

With the U.S. NFP release looming, markets were in a holding pattern — but not without drama. Mixed U.S. jobs indicators kept the dollar on edge, while oil slid sharply on surprise inventory builds and OPEC+ supply chatter. Equities found a late-session bid, but FX traders stayed cautious, especially after the greenback’s uneven performance against majors.

Technically, USD/CHF just turned lower from a well-defined trend resistance zone, hinting that bears may still have the upper hand unless buyers can force a breakout. Gold, meanwhile, is pausing after a record-breaking run, with potential pullback levels in play before bulls decide whether to make another push toward fresh highs. This issue is about patience — waiting for the right confirmation before committing capital.

⚡Daily Broad Market Recap – September 4, 2025

• Gold extended its record run as geopolitical risks and political uncertainty in Japan and the U.S. kept safe-haven flows strong.

• The dollar reversed early gains after U.S. JOLTS job openings missed forecasts, boosting rate cut bets.

• Oil fell sharply on OPEC+ oversupply headlines; equities were mixed.

🔥USD/CHF Just Turned Lower from Trend Resistance

• USD/CHF rejected the .8080 area, aligning with R1 pivot and the top of a descending channel.

• Bearish follow-through could target .8000 or .7980; a break above .8050 may open .8100–.8150.

📊 Is Gold (XAU/USD) About to Pull Back from Its Rally?

• Gold is stalling near $3,520 after a record run, with possible pullbacks to $3,483 or $3,417.

• 100 SMA above 200 SMA keeps the broader bias bullish, but a deeper drop could test $3,314 or $3,278.

  Review the Gold Setup

This issue blends macro caution with clean technical setups. USD/CHF’s rejection and gold’s pause both highlight the value of waiting for confirmation before acting. With NFP on deck, the next moves could be decisive — and the best trades may come to those who let the market show its hand first.

Happy Trading!

Swap, Bridge, and Track Tokens Across 14+ Chains

The Uniswap web app lets you seamlessly trade tokens across 14+ chains with transparent pricing.

Built on audited smart contracts and protected by real-time token warnings, Uniswap helps you avoid scams and stay in control of your assets.

Whether you're discovering new tokens, bridging between chains, or monitoring your portfolio, do it all in one place — fast, secure, and onchain.

Get Started