XAUUSD - H4
As you can see, Gold is potentially forming a bullish divergence in the H4. Predicting that Gold is going to meet the daily classic support at 1680.
Confluences:-
1. False break from the zone
2. Potential to form a bullish divergence
3. Potential to chase the fibonacci cluster area
4. Sell zone aligns with the fibonacci cluster area.
STRATEGY
1. BUY (COUNTER TREND)
2. SELL AT THE PURPLE ZONE