Best Price-Action Strategy to trade XAUUSD and XAGUSD

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@nsg_usd - 7 hours ago
Quoted - godspowerdan

Xauusd took out the protected high confirming the buys for real

Okay. I'm waiting for it to take out the high at 4200 price level.

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@nsg_usd - 7 hours ago

XAGUSD (Silver)- Price played out as expected but didn't give me my entry confirmation to join the buys. will expect price to reach 63,00

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@nsg_usd - 6 hours ago
Quoted - nsg_usd

XAGUSD (Silver)- Price played out as expected but didn't give me my entry confirmation to join the buys. will expect price to reach 63,00

XAGUSD (Silver)- Price playing out as expected on the weekly. Potential Bullish Engulf Pattern forming on the weekly just like I mentioned on Monday. This will be concluded when the market closes on Friday.
Completion of the Bullish Engulf pattern on the weekly will signal strongly a potential trend reversal on Silver.
Invalidation of the monthly bearish trendline is the final conclusion that Silver is completely bullish.

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@asuquokelvin - 6 hours ago
Quoted - nsg_usd

It's totally fine. We are right in our own ways. I respect your analysis. This is a different POV on Fib. but it's cool. I respect it. If this is convincing enough for a beginner, then that's what matters.
Fib is not an SMC thing, it's quite wonderful you use it in your analysis.

Fib retracement is just simple buy below 50 level and sell above 50 level don't buy or sell at 50 as that is an equilibrium level, and that is a general knowledge, it's fine a beginner should understand that fib is from 0.0 to 100 and it should start from the down not from the top, and from that chart image if you look at price we have a bullish order block, that order block is at demand and it falls at 38.2 to 0.0, so now buying at that level should correlate with the fib analogy of buying below 50 and selling above 50 not the other way round

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