As a Technical Stock Market Analyst summarizing the Commodities Market Trading Report, the analysis covers various assets, including Bitcoin, US Bond Yields, USD, DXY, US Gold XAU, GDX, Silver XAG, Gold Stocks, Iron Ore, Copper, Uranium, Crude Oil, and Natural Gas. Regarding Bitcoin, the current downtrend appears impulsive, suggesting an upcoming corrective rally followed by another decline, potentially reaching the range of 39-38K. The three-wave movement down is possibly an ABC corrective pattern, though confirmation is lacking, and any breach below this pattern might indicate a larger bearish trend, deviating from the typical Bitcoin narrative.

In the Forex market, the USD DXY is showing signs of initiating a higher rally as part of Wave c) of 2. Once this rally completes, it could pave the way for extended long trades in other currency pairs, which will be incorporated into the CommodityCheck portfolio as strategic trades. The Wave 2 development in the DXY also supports long trades in Spot Gold and Gold stocks, making them significant focal points for trading strategies.

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