# Gold | Oct 20, Sell the Bounce?

> Gold traders face bearish pressure as price tests key resistance levels.
- Title: Gold | Oct 20, Sell the Bounce? · TradingView | Shortify
- Summary: Gold traders face bearish pressure as price tests key resistance levels. Gold price testing $1,112-$1,130 resistance with potential sell-off toward $1,100.
- Keywords: gold, price action, bearish, sell, resistance, tradingview, business, finance, Oct, Bounce
- Source: TradingView — https://tradingview.com/chart/GOLD/XQ0BPbDP-%F0%9D%97%9A%F0%9D%97%A2%F0%9D%97%9F%F0%9D%97%97-%F0%9D%97%A2%F0%9D%97%B0%F0%9D%98%81-%F0%9D%9F%AE%F0%9D%9F%AC-%F0%9D%97%A6%F0%9D%97%B2%F0%9D%97%B9%F0%9D%97%B9-%F0%9D%98%81%F0%9D%97%B5%F0%9D%97%B2-%F0%9D%97%95%F0%9D%97%BC%F0%9D%98%82%F0%9D%97%BB%F0%9D%97%B0%F0%9D%97%B2
- Published: 2026-10-20T03:12:00+00:00
- Read time: 1 min
- Topics: gold, price action, bearish, sell, resistance, tradingview, business, finance
## Gold price action
Gold price testing $1,112-$1,130 resistance with potential sell-off toward $1,100.
## Bearish structure
Bearish structure confirmed after breaking ascending channel with lower highs keeping sellers in control.
## Trading plan
Sell the pullback below $1,112 or buy the reaction above $1,112 for potential recovery.
## Key takeaway

Gold price testing $1,112-$1,130 resistance with potential sell-off toward $1,100.