Weekly Market Update: BTCUSD, GOLD & S&P500 : June 1st – 7th, 2026
NOTE: This market newsletter is based on analysis conducted using the daily chart timeframe. Each market discussed is accompanied by a corresponding price chart for clarity and reference.
BTCUSD – Bitcoin: Selling On A Breakdown Of Multiple Inside Bar Pattern
Comments: Price formed a Multiple Inside Bar Pattern overnight.
Potential Trade Signal: We are considering selling on a breakdown of the current Multiple Inside Bar Pattern that had formed overnight.
To Trade This Market With Our Preferred Broker, CLICK HERE
GOLD – SPOT: Selling On Retracement Higher & After Price Action Signal At Or Within The $4773 – $4887 Resistance Area
Comments: Price formed a Bearish Tailed Bar Signal late last week (We are not considering trading this signal).
Price briefly moved higher from the recent Bullish Pin Bar Signal that had formed late last week (We did not consider trading this signal, nor did we mention it).
Potential Trade Signal: We are considering selling on a deeper retracement higher and after a clear price action sell signal, at or within the $4773 – $4887 short-term resistance area.
To Trade This Market With Our Preferred Broker, CLICK HERE
S&P500 – CASH: Buying On Retracement Lower & After Price Action Signal At Or Above 7341 Support Level
Comments: Price moved briefly higher from the recent Bullish Pin Bar Signal that had formed late last week (We did not consider trading this signal, nor did we mention it).
Potential Trade Signal: We are considering buying on a deeper retracement lower and after a price action buy signal, at or just above the 7341 short-term support level.
To Trade This Market With Our Preferred Broker, CLICK HERE
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Disclaimer: The risk of loss in trading financial market products, like Cryptocurrencies can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Any content posted here should not be considered financial or Trading advice, this newsletter is just for information purposes and is just the author’s opinion.
