Weekly Market Update: BTCUSD, GOLD & S&P500 : May 18th – 24th, 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: Waiting To See If The Current Inside Bar Pattern Turns Into A Potential Bullish Fakeout Setup

Comments: Price formed an Inside Bar Pattern overnight (We are not considering trading this pattern). 

Potential Trade Signal 1: We are considering waiting to see if the current Inside Bar Pattern turns into a Potential Bullish Fakeout Setup. 

Potential Trade Signal 2: We are considering buying on a retracement lower and after a price action buy signal, at or within the $74780 – $75977 short-term support area. 

To Trade This Market With Our Preferred Broker, CLICK HERE

GOLD – SPOT: Selling On Retracement Higher & After Price Action Signal At Or Within The $4776 – $4889 Resistance Area

Comments: Price is trading just above $4498 short-term support level, as of this writing. 

Potential Trade Signal: We are considering selling on a deeper retracement higher and after a clear price action sell signal, at or within the $4776 – $4889 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 Around The 6970 – 7053 Support Area

Comments: Price briefly moved higher from the recent Small Bullish Pin Bar Signal that had formed mid 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 around the 6970 – 7053 short-term support area. 

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.