Best Price-Action Strategy to trade XAUUSD and XAGUSD

Price is still creating lower highs and lower lows on the 4H timeframe

Gold is targeting the low I circled out, I have been looking for opportunity since morning but couldn't get an entry, but am position for sells untill that low is taken

I'm still holding. I have my SL (4067) below the zone.
If price drops from my entry (4123.03) down to that level, then it will only create a 3rd bottom at the demand zone.
I'm not seeing reasons Gold will want to break below the zone and trade down further.

Still holding my Gold positions. price is beginning to gain bullish momentum. I'll hold till 6pm to see how the 4hr will close.
Entry: 412303
SL: 4067
If by 6pm, the 4hr candle closes as a bullish Engulf, that will be a signal to continue holding the positions.

Untill price takes out the highs my bias still remains bearish

price traded above it on 1hr, but the last 1hr candle didn't break above it.
I'll watch out how the current 4hr candle closes by 6pm.

On 15mins, price closed above that level but didn't sustain the break but rather retraced sharply below it.
I'll be watching out for price reaction at the 4131-price level for rebound to continue the bullish rally.
Entry: 4131
SL: 4108.

That move was in manipulative move because I checked all fundamentals and it turns out that we don't have any red folder news today so that was when I knew that that was just liquidity sweep because that high that was being taken out is actually the Asian high for today and then prizes is. trading below it now after taking out liquidity

Price just took out Asia highs and it's reversing back, I will suggest you close out in profit, there is always an opportunity

So my bearish Idea still remains

Alright.
I'm still maintaining a bullish stance. but won't be executing any long positions till I've seen another good entry level to take advantage of.
At the moment, I'm keeping an Eye at 4131 price level as entry POI with SL below today's low at 4108.

I'm anticipating the rally to continue tomorrow. There's more Buy-Side liquidity (BSL) to grab than SSL.

Once there's an invalidation of the bearish trendline resistance price level and a break above invalidating the range, then Gold rally will be fully attained.
I'll be watching out 4131 for long entry, with 4100 as invalidation level.

Please mark out the levels please for a better understanding

Just manage your risk well, because the market is highly manipulated

XAGUSD (Silver)- Daily Update (Tues 20th October 2026)
Trend: Bearish
Bias: Range
Technical Outlook: Potential Double bottom reversal pattern (D1)
The CPI bearish impulse that drove a strong price decline down to 55.628 price level was intercepted by bullish reactions which shows the bulls are defending the key Support zone.
From a wider point of view, I'm seeing a structural pattern that poses as a potential 2nd bottom on the Support level which if fully formed can result in strong price rally back to 71.221 that acts as a neckline of the chart pattern.

I'll be following up this price action for long opportunities tomorrow.

On 4hr, there's an intraday-bearish channel that price will have to invalidate to fully verify it wants to go bullish.
I'll be positioning for long opportunities once price invalidate the bearish channel possibly within the week.
Entry: 57.515
SL: 55.851

Gold won't buy, price just bought to sweep liquidity and i was caught up in that

I will rather wait for price to raid that supply before I think of going bullish

That supply zone will not hold price for long because it's in a bullish boundary.
Today's reaction from the zone, might be its invalidation, or few more bullish reactions and it will lose its potency.
Despite this, what you suggested is an ideal thing to do as well.
I'll still position for Long opportunities once I see price invalidate the trend resistance or raid the supply.
Entry: 57.515
SL:55.851

That's painful. The sells would have favored you, and you would have been in profit.
The forceful bearish impulse from that level has flipped the 4hr hour candle bearish. I'll still be following it up, as that is not enough reason to change my bullish perspective.
I'm expecting today to close within that price level (4131), without breaking below it and then tomorrow starts with buys.