🚨 Macro Update — Dollar Move Was Tactical, Not a Trend Shift
Today’s sell-off across metals briefly lifted the dollar — and that reaction was intentional. Liquidity rotated, positioning got shaken, and headlines did the rest.
But zoom out.
Price didn’t reclaim structure. It simply pushed back into the broken macro trendline from below, setting up a textbook bearish retest. These moves are positional resets, not regime changes. They’re meant to create doubt, relieve pressure, and trap late buyers — not reverse a trend.
As long as the higher-timeframe structure remains broken, this rally attempt is more likely to reject than extend.
Base case remains unchanged:
Retest → rejection
Momentum fades
Dollar resumes its broader downside path
The market is stalling, not turning.
📉 Dollar Index (DXY) — Macro Retest Visual
What the chart is showing:
Broken macro trendline acting as resistance
Lower-high structure intact
No acceptance back above key levels
Rejection zone = continuation signal
This is how trends pause, not how they reverse.
