Weekly Market Update: BTCUSD, GOLD & S&P500 : June 8th – 14th, 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 Retracement Higher & After Price Action Signal At Or Below $64866 Resistance Level

Comments: Price moved significantly lower from the recent Bearish Multiple Inside Bar Breakout that had triggered over a week ago (We suggested selling the breakout of this pattern in the June 1st market newsletter and hopefully some traders got on board). 

Potential Trade Signal: We are considering selling on a retracement higher and after a price action sell signal, at or just below the $64866 short-term resistance level. 

To Trade This Market With Our Preferred Broker, CLICK HERE

GOLD – SPOT: Selling On Retracement Higher & After Price Action Signal At Or Within The $4500 – $4597 Resistance Area

Comments: Price moved significantly lower from the recent Bearish Tailed Bar Signal that had formed over a week ago. 

The recent Bullish Pin Bar Signal that had formed over a week ago failed.

Potential Trade Signal:
We are considering selling on a retracement higher and after a clear price action sell signal, at or within the $4500 – $4597 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 is now trading just above the 7341 short-term support level, as of this writing. 

Potential Trade Signal: We are considering buying on a 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.

 

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