# Gold Drops Below Key Demand Zone

> Gold falls below critical demand area as technical analysis points to deeper liquidity test.
- Title: Gold Drops Below Key Demand Zone · TradingView | Shortify
- Summary: Gold falls below critical demand area as technical analysis points to deeper liquidity test. Gold price dropped below 4,117-4,127 major demand zone…
- Keywords: gold, xauusd, demand zone, structural low, technical analysis, tradingview, business, finance, Drops, Below, Key, Demand
- Source: TradingView — https://tradingview.com/chart/XAUUSD/O7zS2klb-H1-Demand-Breakdown-Toward-Structural-Low
- Published: 2026-10-22T00:41:45+00:00
- Read time: 1 min
- Topics: gold, xauusd, demand zone, structural low, technical analysis, tradingview, business, finance
## Gold price drops
Gold is trading around 4,115 after renewed selling pressure pushed price back beneath the immediate H1 demand structure.
## Recent market conditions
Earlier Wednesday, bullion recovered as U.S. Treasury yields eased, reducing the opportunity cost of holding Gold, while the dollar also softened slightly.
## Mixed macro backdrop
Markets broadly expect the Federal Reserve to hold rates at 3.75%, 4.00% on October 27, 28, but economists still expect renewed tightening in December as inflation remains above target.
## Technical view
The H1 structure remains under bearish pressure beneath the descending trendline. Gold has already shifted from the previous recovery structure through a CHoCH and bearish BOS.
## Key price zones
Price is now trading around 4,115, slightly below the 4,117, 4,127 Major Demand Zone. The rising lower trendline is still providing temporary structural support.
## Next liquidity test
The next major destination sits around the previous structural low. The sequence is: 4,117, 4,127 failure → deeper sell-side expansion → temporary reaction → 4,080, 4,089 structural liquidity test.
## Key takeaway

Gold price dropped below 4,117-4,127 major demand zone, signaling potential move toward 4,080-4,089 structural low.