Gold, Silver, & EURUSD Shorts Could Get PUNISHED

🔥 IC Markets 100% deposit bonus up to $1k: https://dailypriceaction.com/ic-markets Also, get 50% bonuses on future deposits up to $25k. Deposit $10k or more with IC Markets using the link above to get lifetime access to my VIP Discord group and complete SMC course! Disclosure: I may earn a commission if you open an account through this link, at no extra cost to you. Learn the only SMC strategy you'll ever need (FREE): https://access.dailypriceaction.com/s... The downtrend for gold and silver is still intact, but the US dollar is pulling back into an area that could create some short-term relief for metals and major forex pairs this week. In this video, I break down gold, silver, EURUSD, GBPUSD, and the DXY using SMC trading concepts, market structure, break of structure, change of character, imbalances, premium and discount, TPO single prints, and key price action levels heading into the new week. *Gold Analysis* Gold is still in a clear downtrend with lower highs and lower lows, so there’s nothing on the chart right now that has me bullish. That said, XAUUSD is trading near the lows and close to the 3,895 support area, which means this is not where I want to be chasing shorts. I’m watching for a possible relief move into the 4,160 region, where gold has an imbalance and a TPO single print that could attract price before sellers step back in. I also break down why the 3,400 to 3,500 area remains an important longer-term level if gold continues lower in 2026. *Silver Analysis* Silver is showing the same kind of weakness as gold. XAGUSD broke structure to the downside, which tells me sellers remain in control. The $54 area is an important support zone for silver, but support alone is not enough for me to get bullish or start buying. I’m watching for possible relief back toward the $60.40 to $61/$62 region, with $63.50 also on the radar if silver gets a deeper retracement. From there, I’ll be looking for a lower timeframe change of character before considering shorts. *EURUSD Analysis* EURUSD is also getting some relief, which makes sense with the DXY pulling back. The euro already confirmed a bearish shift with the daily change of character and the latest break of structure. That tells me sellers are still in control, but the BOS itself is not the short signal. For EURUSD, I’m watching the 1.1500 to 1.1550 area as a potential premium zone where the market could retrace before sellers show up again. That area lines up with the post-FOMC displacement and a key imbalance on the four-hour chart. *GBPUSD Analysis* GBPUSD is very similar to EURUSD. The pound broke structure last week, confirming that sellers remain in control. But again, that does not mean I want to short the lows. For GBPUSD, I’m watching the 1.3350 to 1.3400 area as the next major region where the market could mitigate an imbalance above the 50% level. If GBPUSD pushes into that premium zone, I’ll be watching for a lower timeframe change of character to confirm the next short opportunity. *DXY Analysis* The US Dollar Index is the key driver behind everything in this video. DXY recently tested major highs from 2025 and printed the highest weekly close in 13 months, so I don’t think this is the time to get aggressively bearish on the US dollar. However, after a strong move higher, a pullback is normal. I’m watching the DXY to see if it can retrace into the key displacement area and rising trend line support below. If the dollar finds support there and gives us a bullish change of character, that could put renewed pressure on gold, silver, EURUSD, and GBPUSD. For now, gold and silver still look weak, EURUSD and GBPUSD are seeing short-term relief, and the DXY pullback is the main reason those markets could continue to bounce before the next bearish setup forms. #Gold #Silver #Forex #EURUSD #GBPUSD #DXY #SMCTrading #PriceAction #TechnicalAnalysis CHAPTERS 0:00 Overview 0:24 Gold 3:18 IC Markets Bonus 5:02 Silver 8:30 EURUSD 11:22 GBPUSD 13:07 DXY SMC LESSONS BoS and CHoCH made simple    • SMC Market Structure: BoS vs CHoCH Made Si...   Steal my liquidity sweep entry model (beginner-friendly)    • Steal My Exact Liquidity Sweep Entry Model...   Premium, discount, and OTE explained    • Premium & Discount Trading Strategy That C...   Disclaimer: This video is for educational purposes only and is not financial advice. Trading forex, crypto, and other markets involves risk and may not be suitable for all investors. Always do your own research and never risk money you can’t afford to lose. I am not responsible for any losses you may incur from acting on the information in this video.