Happy weekend friends, hope every one is doing well? This week has been one good trading week, Both in the professional sectors and in retail. However, we all usually have difficulty in one way or the other. The week was indeed tough with Iran and Isreal war  shaking the entire market, causing heavy volatility. Most times when it happens like this, The Common retail investor suffers.  

I will love to run through the week Gold market tape, and I have to be quick as possible detailing what is needed to be know and what we should possibly be expecting next week. But before I read this tape, I would love to first of all pay a serious review to Bitcoin market behavior and how it has affected alt. So lets dive in.

In my previous analysis,  [you can review] I made mention of Bitcoin Breaking lower to $103k and further dropping to $102k. Should the price level hold without losing, that we might see bitcoin dropping to $92k price level. Now going by all the play this week, Bitcoin dropped to $102k, and shifted up a little, currently at the time of writing, Bitcoin is at $103k price level, making a short pull back, but failed to break the previous high going by 15 minutes TF.

If price breaks that territory at $100k, Bitcoin is sure to be heading to $92k. However, other possibility is that; should price break above $109k at the upper territory, we might be hoping to see new  ATH

But  how does this affect the alt coin?

Well, since we still have BTC  fluctuation controlling crypto market largely, possibilities are that all your alt and memes holding will dump. However, rewards  only come by holding tight. Just be sure you are not holding the wrong asset.

But what does this analysis mean to you ?

Well, If you had followed my previous analysis and taken action accordingly, you probably must have made some bucks now by going short. However, consider this piece to be educational material but not an investment advise.

Let us now look in to this week gold market review.

So the market opened on June,15,2025 with  gap up to upper territory at $3,438 with a quick push up to $3,451.77, where we had resistance and sells pressure fueled by poor market sentiment developed from Isreal Iran crisis. Though Gold has been  safe haven. But this market liquidation, causing  heavy dropped in price still shows human emotional psychology. 

Gold dropped to the price of $3,364.7, where we had resistance, with a build up above this area, closing at $3,369.6.

But what do we expect to see next week?

Well, the areas indicated with the red arrows in  the figure below are likely to be taken out [ it's not a must, if the entries there are not valid any more] during the week play. This is likely to happen if we break above $3,388 price level.

However, If we  break below 3,339.6 price level, we are likely to take out $3,294 price level. If that happens, price will drive down to  $3,247.7 price level.

But what can you do ?

Well, you can keep track of this key levels by following the market accordingly. I think the best kind of trading for traders during times like this is just to follow the trend.  

NOTE: haven said all of these, none is an indicative to any investment advice. There is every possibility that I might be wrong and market takes it own play. That is why it's always necessary  that one make his or her own personal research before jumping into any investment decision. Of course, if the market have caused you pains before, I think you must have learnt from it. Approach  the market Carefully and Trade wisely. thanks for stopping by and see you on my next analysis.