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Best Price-Action Strategy to trade XAUUSD and XAGUSD

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@nsg_usd - 2 hours ago

XAGUSD (Silver): Daily Update
Bias: Bullish
Technical View: Ascending Bullish Channel

Analysis: Silver is bound to a bullish ascending channel, showing price rally for the past weeks, and current consolidation phase, this week.
Price broke above the 63.20 price level and has been reacting on it today, trying to decide, whether to break below for a sell, or respect the level, and push for buy continuations.

@obinna @asuquokelvin @israeljasspu @godspowerdan
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@nsg_usd - 1 hour ago
Quoted - nsg_usd

XAGUSD (Silver): Daily Update
Bias: Bullish
Technical View: Ascending Bullish Channel

Analysis: Silver is bound to a bullish ascending channel, showing price rally for the past weeks, and current consolidation phase, this week.
Price broke above the 63.20 price level and has been reacting on it today, trying to decide, whether to break below for a sell, or respect the level, and push for buy continuations.

Silver: on D1 if today closes strong bullish by the end of trading activities today, the daily low will form at the support level (63.20), This will confluence with the trend support, confirming 3 confluences and price will continue with Buys tomorrow.

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@nsg_usd - 1 hour ago
Quoted - nsg_usd

Silver: on D1 if today closes strong bullish by the end of trading activities today, the daily low will form at the support level (63.20), This will confluence with the trend support, confirming 3 confluences and price will continue with Buys tomorrow.

Silver: But if price does not form a solid Low at the 63.20 price level, then I'll expect sell continuations down to 60.95.

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@nsg_usd - 1 hour ago
Quoted - nsg_usd

Silver: But if price does not form a solid Low at the 63.20 price level, then I'll expect sell continuations down to 60.95.

Silver: The daily Demand zone is another valid Confluence to support the bullish bias. the daily candlestick pattern formation will finalize the conclusion on market's decision for the rest of the week.

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