# Gold Faces Selling Pressure

> Gold breaks key support as traders brace for deeper decline.
- Title: Gold Faces Selling Pressure · TradingView | Shortify
- Summary: Gold breaks key support as traders brace for deeper decline. Gold price dropped below 4120 after rejecting 50MA resistance, risking a fall to 4090.
- Keywords: xauusd, gold, support, resistance, 4120, 4090, 4055, 4014, 3975, business, finance, Faces
- Source: TradingView — https://tradingview.com/chart/XAUUSD/yTaIXMcU-XAUUSD-Update-Gold-Faces-Renewed-Selling-Pressure
- Published: 2026-10-20T20:31:11+00:00
- Read time: 1 min
- Topics: xauusd, gold, support, resistance, 4120, 4090, 4055, 4014, 3975, business, finance
## Gold breaks key support
Gold price dropped below 4120 after rejecting 50MA resistance, risking a fall to 4090.
## Price tests critical levels
Traders watch for confirmation as gold tests support around 4120 with potential drop to 4090.
## Key levels to watch
Resistance at 4141-4166-4203-4229; support at 4120-4090-4055-4014, 3975.
## Key takeaway

Gold price dropped below 4120 after rejecting 50MA resistance, risking a fall to 4090.