Gold Trading Plan May 13 — Sell Zone 4,736-4,756 · TP 4,680-4,630

📊 Technical View Today

Gold XAUUSD today (May 13, 2026 · 10:00) is at 4,693.27 · down 0.23% from open.

Overview: Price remains within the Sell zone identified May 11-12 — currently in downtrend continuation after price tested 4,777 and rejected lower.

📰 News Impact Today

Key news today: US-China Handshake against Hormuz fees — bullish for:

• 📉 Oil prices: Likely to decline → Gold safe-haven demand drops
• 📊 Risk-On: Market shifts risk-on → Gold weakens
• 💵 USD: Short-term weakness but Fed may delay rate cut
• ⚖️ Net effect on Gold: Bearish bias intact

📍 Key Levels

Type	Price	Significance
🟢 Breakout Target Zone	4,914 - 4,964	Upside target (if range breaks up)
Max Resistance	4,887 - 4,888	Monthly high · Reject Zone
🔴 SL Zone	4,800	SL for Sell (wider buffer)
Local High	4,777	Recent reject point
🎯 Sell Entry (NEW)	4,736 - 4,756	New entry zone
Mid-range	4,710	Pivot
Current Price	4,693.27	-0.23% · declining
🎯 TP1 (NEW)	4,680	Short-term Target
🎯 TP2 (NEW)	4,660 - 4,630	Extended Target
TP3 / Demand	4,600	Round number · key support
Confirmation Support	4,559	Before Buy Zone
🟢 Buy Entry	4,520 - 4,578	New Buy (wait for pullback)
SL Buy	4,475	Below larger structure

🎯 Setup A — Sell Plan (TODAY)

📋 Sell Entry Steps

1. Currently at 4,693 — wait for price to rally to 4,736-4,756 zone (43-63 pips away)
2. Look for Reversal signals on 1H:
   • 🕯️ Pin Bar / Shooting Star at 4,736-4,756
   • 🕯️ Bearish Engulfing
   • 📊 RSI overbought + bearish divergence
   • 📐 Trendline rejection
3. Enter Sell in 2 stages (Scale-in):
   • 50% lot at 4,736 (entry 1)
   • 50% lot at 4,750-4,756 (entry 2 — if extends higher)
4. Place SL at 4,800 (wider for volatility)
5. TP1 at 4,680 → Close 30-50% + move SL → Break-Even
6. TP2 at 4,660-4,630 → Close another 30-50%
7. Let runner ride to 4,600 (main Demand Zone)

🎯 Setup B — Buy Plan (WAIT for pullback · Don't rush!)

💡 Power of Price View

"Price remains within the Sell zone as planned — continuing downtrend matching our forecast from yesterday · The US-China handshake news is a tailwind supporting our Sell setup · If price rallies back to 4,736-4,756, it's an ideal Sell opportunity · Do not Buy until price hits 4,578-4,520."

⚠️ Key Risks to Watch

• 🔥 Geopolitical Surprise: If US-China-Iran talks fail → Gold gap up + Hormuz closure → Sell setup invalid
• 📊 Fed Decision: If Fed signals earlier rate cut → USD weakens → Gold rallies
• 📰 Trump Tweets: Trump's tweets can shift sentiment instantly
• 🌀 Whipsaw during news: Wider SL at 4,800 for volatility
• 📈 4,800 Break: If price breaks 4,800 cleanly → Setup invalid → flip to Buy continuation

📋 Risk Management

• ✅ Risk no more than 1-2% per trade
• ✅ Always use SL — never trade without SL
• ✅ Scale-in 2 stages (50% + 50%) — reduces entry timing risk
• ✅ Scale-out: close portions (50% at TP1 / 30% at TP2 / runner 20%)
• ✅ Lot size example: $1,000 capital + 60 pip SL = 0.03 lot (Risk $18 = 1.8%)
• ✅ Move SL to Break-Even when TP1 floating
• ✅ Trail stop following 1H candle structure after TP2

📅 Compared to Yesterday's Plan

Item	Yesterday (May 12)	Today (May 13) ✨
Opening Price	4,729.39	4,693.27 (-0.77%)
Sell Zone	4,745 - 4,768	4,736 - 4,756 (-9 to -12 pips)
SL	4,800	4,800 (same · wider buffer)
TP1	4,680	4,680 (same)
TP2	4,652	4,660 - 4,630 (expanded range)
Buy Zone	4,520 - 4,578	4,520 - 4,578 (same)
Bias	Sell short-term	Sell continuation (stronger)

📝 Plan adjustment: Price followed forecast (declining) → adjusted Entry down 9-12 pips per structure · Expanded TP2 range to accommodate multi-level movements · TP3 4,600 remains the same target