Best Price-Action Strategy to trade XAUUSD and XAGUSD

@asuquokelvin - 18 hours ago

Silver rallied to where my TP was yesterday at the 67.221 price level, whereas Gold is just dragging the buys.
This is why I enjoy trading silver than Gold.

Silver was more volatile than gold, but right now it's reacting from a key level, I will wait for NY session, to see how price plays out

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@nsg_usd - 18 hours ago

Silver- Still on 1hr, the resistance level also confluences with a supply zone. to take the sells, I'll love to see price invalidate the intraday bullish channel it created yesterday giving the final confluence that the sells will be deep correction sells possibly down to 64,000.

Silver- On 15mins, I'll wait to see bearish reversal chart pattern and an invalidation of the intraday bullish channel before I'll be strongly convinced the sells will drop deeply. otherwise it will just be a shallow correction sells.

@segun_33 @kemi_allen_omevia @asuquokelvin @godspowerdan

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@nsg_usd - 18 hours ago

Silver was more volatile than gold, but right now it's reacting from a key level, I will wait for NY session, to see how price plays out

Yeah. I'm waiting for New York session too.
Apart from the volatility, the price action is usually more cleaner and straightforward than Gold.

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@nsg_usd - 18 hours ago

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- 1hr Intraday Update
After the 10am 4hr candle close along with Asian session trading window closed, sell reactions at the 4402 price level, cause price to retreat a bit down to 4378. I won't mistake this for the beginning of a potential correction sell leg, until price invalidates the intraday bullish channel or break below 4367 price level.
A break above 4402 and the rally will continue.

@obinna @segun_33 @asuquokelvin @godspowerdan

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@asuquokelvin - 17 hours ago

Silver- On 15mins, I'll wait to see bearish reversal chart pattern and an invalidation of the intraday bullish channel before I'll be strongly convinced the sells will drop deeply. otherwise it will just be a shallow correction sells.

I think price reversal has started yesterday they all bought, gold, silver and Nasdaq, and today they are all selling even AUDUSD it means one thing that price is going back to the save heaven demand

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@asuquokelvin - 17 hours ago

Yeah. That's why I saw it as correction sells. Price rallied this morning like I expected, I missed it after closing out early during Asian session. I'll just be watching market today.

Your buys could have been a good one but price is reversing to sells and watch out for key levels

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@asuquokelvin - 17 hours ago

Your buys could have been a good one but price is reversing to sells and watch out for key levels

@nsg_usd

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@asuquokelvin - 17 hours ago

Silver- on 15mins, It is clearer that there's more room for buys today than sells despite the bearish reactions at the 4hr trend resistance and potential double top formation on 1hr.

Once price breaks above 66,000 price will rally strongly targeting 67500 price level.

Silver is still at the upper level, showing slight bearish reversal, untill a key structure is broken I treat it as a shallow pullback

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@asuquokelvin - 17 hours ago

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.

Do we have any economic news today that can affect the gold? It's just behaving so unlikely

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@nsg_usd - 16 hours ago

Do we have any economic news today that can affect the gold? It's just behaving so unlikely

I don't know of any high impact news.
For me, Gold will only sell if price closes below yesterday's high by the close of the current 4hr candle (6-7pm) or the Daily by 10pm. Otherwise, it will just be dramatic around the zone and be indecisive trapping many early sellers or impatient buyers.

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@nsg_usd - 16 hours ago

Do we have any economic news today that can affect the gold? It's just behaving so unlikely

Gold is dramatic because it's Friday, and price is looking for a good closing price for the weekly trading activities.
If they'll be any good volatility again, it will be during London close or New York Fix.
Also, price is yet to break below this intraday trend support. It just keeps expanding it. and that's not a good sign.

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@nsg_usd - 13 hours ago

Silver is still at the upper level, showing slight bearish reversal, untill a key structure is broken I treat it as a shallow pullback

Silver- Intraday Update
Price dropped gradually from the resistance, finally invalidating the intraday bullish channel. I'm watching out for a retest of the channel trendline as a resistance for the sell continuations down to 65,000.

@segun_33 @kemi_allen_omevia @asuquokelvin @godspowerdan

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@nsg_usd - 13 hours ago

Your buys could have been a good one but price is reversing to sells and watch out for key levels

Yeah. I was anticipating the sells, just that it came earlier than expected. Price has invalidated the intraday channel, I'll be expecting a retest and sell continuation down to 4300 price level.

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@godspowerdan - 13 hours ago

Silver- Intraday Update
Price dropped gradually from the resistance, finally invalidating the intraday bullish channel. I'm watching out for a retest of the channel trendline as a resistance for the sell continuations down to 65,000.

A retest on that trendline should be your entry

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@nsg_usd - 13 hours ago

Quoted - godspowerdan

A retest on that trendline should be your entry

Yeah. But I'm looking out more for a double top or reaction at that fresh supply created before the drop. setup is invalidated if price breaks above 67.500 price level.

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@nsg_usd - 13 hours ago

Does it really give a bearish entry reason?

Yes it does. It sold after.
Candlesticks patterns work when applied effectively.

@asuquokelvin

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@nsg_usd - 12 hours ago

Gold- 1hr Intraday Update
After the 10am 4hr candle close along with Asian session trading window closed, sell reactions at the 4402 price level, cause price to retreat a bit down to 4378. I won't mistake this for the beginning of a potential correction sell leg, until price invalidates the intraday bullish channel or break below 4367 price level.
A break above 4402 and the rally will continue.

Gold- 4hr Intraday Update
The correction sells where quickly terminated by strong recovery buys after price drops down to 4341 price level, protecting the Asian Low instead of sweeping it.
Price will likely close within this price range ahead of next week trading activities.

@obinna @asuquokelvin @xellow @godspowerdan

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@nsg_usd - 12 hours ago

Gold- 4hr Intraday Update
The correction sells where quickly terminated by strong recovery buys after price drops down to 4341 price level, protecting the Asian Low instead of sweeping it.
Price will likely close within this price range ahead of next week trading activities.

Gold is back to this setup, after protecting the Asian Low at 4334 price level and creating a higher low with a potential to drive and create a higher high.
Expecting Gold to be very bullish next week.

@asuquokelvin @godspowerdan

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@nsg_usd - 12 hours ago

I think price reversal has started yesterday they all bought, gold, silver and Nasdaq, and today they are all selling even AUDUSD it means one thing that price is going back to the save heaven demand

The retracement sells on Silver today was to retest the bearish trendline it broke out from earlier. I'm expecting price to consolidate within the price range till next week.

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