Best Price-Action Strategy to trade XAUUSD and XAGUSD

At least now you are starting again having a second chance to grow the account do not make more mistakes, remember your sizing and risk per trade

Silver- Daily Update (Wed 16th Sept 2026)
Trend: Bullish
Bias: Bullish
Technical Outlook: Bearish Descending Channel

Intraday Analysis: The Asian session has started with strong rallies driving price from 63.60 to above 64.50 trading above Monday highs. Expecting price to continue the rally to last week's opening price level around the 65.88-66.00 price region.

Silver-Daily Update (Fri 18th September 2026)
Trend: Bullish
Bias: Bullish
Technical Outlook: Daily Bullish Ascending Channel

Analysis/Forecast: Yesterday, price closed bullish having rallied from 62.911 price level to 66.149 before retreating for a close at the 65.227 price level.
Today has resumed the bullish move in Asian Session from yesterday's closing price. I'll be expecting invalidation of bearish correction channel today, with price setting the tone for bigger rally next week.

Silver-Daily Update (Fri 18th September 2026)
Trend: Bullish
Bias: Bullish
Technical Outlook: Daily Bullish Ascending Channel

Analysis/Forecast: Yesterday, price closed bullish having rallied from 62.911 price level to 66.149 before retreating for a close at the 65.227 price level.
Today has resumed the bullish move in Asian Session from yesterday's closing price. I'll be expecting invalidation of bearish correction channel today, with price setting the tone for bigger rally next week.

Silver- On 4hrs, the Asian bullish move has been met with a resistance at the Bearish Trendline resistance level @66.00 price level. This is causing good sell reactions that will possibly drop to rebalance the bullish imbalance created in yesterday's rally as price will be looking for a weekly closing price today.

Silver - On 1hr, Despite the sell reactions at the 66.00 price level which tallies with the 4hr bearish trend resistance, price still maintains the 1hr intraday bullish channel it created yesterday.
Also, at the 4hr Trend resistance, a potential double top is forming. If it holds, and price breaks below the neckline at 65,00 then the correction sell phase will be fully active to fill up yesterday's bullish imbalance.

Gold- Daily Update (Fri 18th September 2026)
Trend: Bullish
Bias: Bullish
Technical Outlook: Bullish Ascending Channel

Intraday Analysis/Forecast: With the strong bullish rally that kicked in yesterday, from the 4257.50 price level after FOMC bearish move on Wednesday, a strong daily Low and D1 Demand zone has been formed.
With these recent developments, I'll be expecting strong rally on Gold next week back to 4,500 price level before we see another strong sell reactions from the bears.

Gold - on 4hrs, price is retesting the 4hr trend resistance it broke out from yesterday as support at the 4341.75 price level that tallies with a Tuesday 4hr low that formed as the daily low when New York session closed for that day. This creates a potential bullish opportunity that will possibly target 4441.34 price level.
The clause to this rally is yesterday's high, which is currently resisting price from trading higher. Once this high is taken out, the rally will flow freely.

Gold-Trade Setup
Trade Type: Long
Execution: Instant
Entry: 4344
SL-4303
TP-4444

Comment: I had opened a trade position on Gold, but had to close it, because it was still uncertain if the continuation entry will hold or not. For now, I'll just sit and watch how it plays out.
It gave a little profit, but when it reversed, I wasn't convenient with the reversal being it can escalate because of the minor resistance level it is struggling to break free from which is Wednesday and yesterday's high @4367

Gold- Daily Update (Fri 18th September 2026)
Trend: Bullish
Bias: Bullish
Technical Outlook: Bullish Ascending Channel

Intraday Analysis/Forecast: With the strong bullish rally that kicked in yesterday, from the 4257.50 price level after FOMC bearish move on Wednesday, a strong daily Low and D1 Demand zone has been formed.
With these recent developments, I'll be expecting strong rally on Gold next week back to 4,500 price level before we see another strong sell reactions from the bears.

Yeah. Price continued buying and I took profit at the 65.45 price region. same also for Gold.

It took out that high at 4367 price level and starting the reversal now.