Short term Algorithmic criteria to confirm DXY top: 19jun2026

Yesterday, we shared the idea of a possible top in DXY. However DXY showed significant strength and continued to rally and has taken May 2025 High liquidity. Whenever this happens we want to assess if this is a liquidity purge or a more significant move up. See previous article and the divergence noted. One divergence between gold and DXY has been invalidated. But the other divergences are still there.

To confirm the top, we need the support to break. If the support breaks, then there is a good chance that price will gake the liquidity around 99.50 and this entire rally is manipulation to take liquidity. this is our view and we will take positions based on that.

Yesterday we took a leveraged long gold miners position but we were stopped out and we took a loss. If the support fails then we will attempt again. As we are long term bullish we have taken unleveraged longs in GDX traded in London.

The above is the weekly chart showing context. As the US administration do not want the dollar to appreciate too much, they may want to keep the dollar lower. But ultimately the price action will have to confirm. The criteria needs to be fulfilled for a high probability trade . As always there is no certainties in investing and we only look at probabilities.

May the Peace of the Lord be with you all.