# Gold price holds demand but downtrend intact

> Gold price holds demand zone but downtrend remains intact.
- Title: Gold price holds demand but downtrend intact · TradingView
- Summary: Gold price holds demand zone but downtrend remains intact. Gold price sits at 4,155 holding a demand zone between 4,000 and 4,110 while the downtrend…
- Keywords: gold, xauusd, downtrend, demand zone, supertrend, ema 21, ema 50, ema 200, business, finance, price, holds
- Source: TradingView — https://tradingview.com/chart/XAUUSD/OGJDQgTR-Gold-Daily-Sitting-on-demand-but-the-downtrend-isn-t-broken-ye
- Published: 2026-10-16T02:12:05+00:00
- Read time: 1 min
- Topics: gold, xauusd, downtrend, demand zone, supertrend, ema 21, ema 50, ema 200, business, finance
## Gold price holds demand zone
Gold price sits at 4,155 holding a demand zone between 4,000 and 4,110 that held summer lows.
## Downtrend remains intact
Daily Supertrend remains short at ~4,360 with price resting on demand zone.
## Key resistance levels
Resistance levels include 4,198 (EMA 21) / 4,253 (EMA 50) / 4,296-4,327 (EMA 200 + yearly open) / 4,360 (Supertrend) / 4,511 (last month's high).
## Scenario analysis
Bullish scenario: price holds demand zone and closes above 4,253 EMA 50 to target 4,327-4,360.
## Key takeaway

Gold price sits at 4,155 holding a demand zone between 4,000 and 4,110 while the downtrend continues.