I just launched a free 3-day SMC strategy course that walks through exactly how I trade structure, liquidity, and entries as a full-time trader. You can access it here: https://access.dailypriceaction.com/smc-strategy Was that the low for the US dollar? And what does it mean for pairs like the euro, the pound, and gold? Markets have been very sideways over the past few weeks, with a lot of this tied to what's going on in the Middle East. Not a lot of trends developing, but on the four-hour DXY we did see the gap close and a bullish shift off the recent highs and lows. We still have that imbalance up in the 100 region, and the DXY has not taken out the prior low. Everything right now is just internal price action. If we go to the daily timeframe and ignore the internal noise, we have a clear BOS and a close above the external high, giving us a bullish change of character. So this recent pullback could just be mitigating that area before we get a higher low. The DXY was down sharply in 2025, and a shift into bullish structure over the coming weeks or months makes a lot of sense. For the euro on the four-hour, we had a bullish change of character following a downtrend that lasted several months. But below the recent low, there's a displacement candle and an imbalance that's completely unmitigated. The market is looking a little heavy up here, and I would expect a move down toward 1.16, possibly a bit lower, to mitigate that imbalance. GBPUSD is a similar situation. After a really nice downtrend with clean lower highs and lower lows, we got the BOS and close above to confirm the bullish change of character. But like the euro, there's an unmitigated imbalance back here. The 1.33 region is where we are potentially headed to mitigate. If we get a close below the recent protected low, that's a bearish change of character, and the short would come on any imbalance that forms on the move lower, not on the break itself. For gold (XAUUSD), I still don't see a confirmed bottom. The relief off the lows came up and mitigated the imbalance back here, and once we got the close below the recent low, that gave us a bearish change of character. Below 4,300 is still what I'm eyeing for gold over the coming days. If we start taking out the recent highs, that could change things, but for now I am relatively bearish. #SmartMoneyConcepts #ForexTrading #PriceAction #SMC CHAPTERS 0:00 Was That the Low for the US Dollar? 0:13 DXY Four-Hour Analysis 1:53 DXY Daily Timeframe Bullish Change of Character 4:10 EURUSD Outlook and the 1.16 Imbalance 5:36 GBPUSD Setup and the 1.33 Target 8:43 Gold (XAUUSD) Bearish Below 4,300 10:29 Wrap Up SMC LESSONS BoS and CHoCH made simple https://youtu.be/FE1bgD9N6DM Steal my liquidity sweep entry model (beginner-friendly) https://youtu.be/XH4TAoLCFBk Premium, discount, and OTE explained https://youtu.be/UWrvexqN3w8 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.