Gold, EURUSD & Bitcoin in Trouble: DXY Breakout Coming | Weekly SMC Outlook

Gold, Silver, EURUSD, GBPUSD, DXY, WTI, Bitcoin and more. 🔥 IC Markets Bonuses Up To $26k: https://dailypriceaction.com/ic-markets 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... Did the US dollar just put in a bottom? In this weekly SMC outlook, I break down the DXY and explain what a potential US dollar breakout could mean for forex, gold, silver, oil, Bitcoin, and Ethereum next week. DXY The US Dollar Index remains bullish overall, with higher highs, higher lows, trend line support, and a possible bull flag forming. I’m watching for confirmation that could signal the next leg higher toward the 103.00 to 103.70 region. EURUSD EURUSD remains bearish on the daily time frame, with sellers still controlling the larger market structure. I cover the key support break and change of character that could set up another short toward 1.1210 and 1.1060. GBPUSD The pound has been more sideways, but GBPUSD is moving into an area where a local top could form within the larger downtrend. A break below the protected low and rising trend line could create one of the cleaner forex setups next week. AUDUSD AUDUSD has stayed stronger than the euro and pound, but the larger setup still favors watching for a bearish change of character. I explain the protected low, the single print below 0.7000, and the confirmation needed before looking for shorts. XAUUSD Gold remains in a broader downtrend, with lower highs and lower lows still intact. The recent move higher looks more like relief than a confirmed bottom, with 3,895 and the 3,400 to 3,500 region remaining important downside targets. XAGUSD Silver is also maintaining its bearish market structure, although the recent price action has been choppy. I cover the long-term level near $48 and the change of character that already formed following the recent relief rally. WTI WTI delivered the bounce we were waiting for near $66.70 and the bottom of the descending channel. I break down the next potential oil buying opportunity, including the OTE region around $69.00 to $69.50 and the lower-time-frame confirmation I want to see. Bitcoin Bitcoin is testing a major resistance area around $64,000 to $65,000. While more relief and sideways trading are possible in July, the weekly structure remains bearish and could eventually lead to another move toward the mid-$40,000 region. Ethereum Ethereum remains below major resistance around $1,860 to $1,870 and continues to form lower highs and lower lows. I’m watching the $1,672 single print in the short term, while the larger bearish target remains near $800 to $900. #SMC #ForexTrading #PriceAction #GoldTrading #Bitcoin CHAPTERS 00:00 Intro 00:24 DXY 04:58 IC Markets Bonus 05:27 EURUSD 08:39 GBPUSD 12:08 AUDUSD 13:56 Free SMC Strategy 14:19 XAUUSD 17:08 XAGUSD 18:44 WTI 22:51 Bitcoin 25:18 Ethereum 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.