Gold Spot / U.S. Dollar
Long
Updated

XAUUSD - Shark Harmonic Bullish (1H)

154
During the 7 Apr 2025 Session, the Swing Highs and Lows of the day (XA,AB,BC) formed Points A,B and C which satisfy the Harmonic Ratios. Hence, consequently Point D is likely to follow after.

A liquidity sweep can potentially occur at Point X, which adds extra confluence to this Trading Setup. Hence, waiting for this to occur is more ideal, and provides us with better Risk:Reward.

Due to time symmetries, Point D should be printed before 5pm 5 Apr 2025 (UTC+1)
Trade active
During 8 Apr 2025 and by 5pm 9 Apr 2025*

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.