Bitcoin and gold face key resistance! The market on June 16 enters a decision-making phase, don't rush to chase!


June 16, 2026 Market Analysis
1. Bitcoin
Currently looking at the 30-minute rebound strength; only if it stabilizes above the white line can we continue to watch the upward 12-hour resistance level, otherwise a pullback is needed.
Pay close attention to MACD changes on smaller timeframes; if the yellow line crosses below, watch the support at 1-2 hours; as long as the support holds, the rebound structure still exists.
We are currently in a critical decision phase, not rushing to buy high or blindly bearish, just wait for the market to give a direction.
Follow the trading strategy strictly, set good stop-losses, protect capital, and take profits when the time is right.
2. London Gold
Currently focus on whether the 6-hour MACD crosses above to choose a direction.
On smaller timeframes, observe the performance after a 1-hour pullback near 4279; as long as MACD does not break, there is still a chance for continued rebound, with resistance near previous highs.
If it breaks below the key support, then focus on the 2-3 hour level, with support around 4265-4239.
Gold is also entering a critical decision phase, do not guess the direction, wait for confirmation signals before following the trend.
Follow the trading strategy strictly, set good stop-losses, protect capital, and take profits when the time is right. #BitcoinRebound
BTC-1.99%
GLDX-1.48%
PAXG-0.41%
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