📊 MARKET UPDATE | NFP IS OUT
The U.S. jobs report has landed much weaker than expected:
🇺🇸 NFP: +29K vs +89K expected
👷 Unemployment: 4.2% vs 4.1% expected
💵 Average Hourly Earnings: +0.1% vs +0.3% expected
The initial reaction was exactly what you would expect from a soft jobs report: Treasury yields and DXY moved lower, while Gold and BTC initially pushed higher.
But here is where it gets interesting.
🥇 GOLD pumped aggressively and then met a serious rejection around the $4,228 area.
₿ BITCOIN also pushed higher before giving back part of the move.
I don't see this reversal as something to chase short immediately. This could simply be the market retesting after the first NFP volatility before choosing its real direction.
🎯 OUR POSITIONING
For Gold, I'm watching the $4,185–$4,164 area. If buyers defend the pullback and Gold reclaims $4,222, I'm interested in the long continuation.
For BTC, I'm watching for this pullback to establish a higher low. If buyers return and BTC attacks $86.9K again while yields and DXY remain soft, we have a probability-based long setup.
The lesson today is simple:
We don't need certainty to trade. We need an edge, a defined invalidation and disciplined risk.
Don't chase the first candle.
Don't panic at the first rejection.
Let the retest show us where the real money is positioned, then take the shot.
Profit Angel
The U.S. jobs report has landed much weaker than expected:
🇺🇸 NFP: +29K vs +89K expected
👷 Unemployment: 4.2% vs 4.1% expected
💵 Average Hourly Earnings: +0.1% vs +0.3% expected
The initial reaction was exactly what you would expect from a soft jobs report: Treasury yields and DXY moved lower, while Gold and BTC initially pushed higher.
But here is where it gets interesting.
🥇 GOLD pumped aggressively and then met a serious rejection around the $4,228 area.
₿ BITCOIN also pushed higher before giving back part of the move.
I don't see this reversal as something to chase short immediately. This could simply be the market retesting after the first NFP volatility before choosing its real direction.
🎯 OUR POSITIONING
For Gold, I'm watching the $4,185–$4,164 area. If buyers defend the pullback and Gold reclaims $4,222, I'm interested in the long continuation.
For BTC, I'm watching for this pullback to establish a higher low. If buyers return and BTC attacks $86.9K again while yields and DXY remain soft, we have a probability-based long setup.
The lesson today is simple:
We don't need certainty to trade. We need an edge, a defined invalidation and disciplined risk.
Don't chase the first candle.
Don't panic at the first rejection.
Let the retest show us where the real money is positioned, then take the shot.
Profit Angel
