# Gold Rebound Fails as Trendline Holds

> Gold price drops after failing to hold key resistance level.
- Title: Gold Rebound Fails as Trendline Holds · TradingView | Shortify
- Summary: Gold price drops after failing to hold key resistance level. Gold rejected 4,157-4,166 resistance and fell 44 points to 4,165.
- Keywords: gold, xauusd, tradingview, bearish, trendline, descending, resistance, business, finance, Rebound, Fails, Holds
- Source: TradingView — https://tradingview.com/chart/XAUUSD/0EJgIvh6-H1-Bearish-Retest-Below-Descending-Trendline
- Published: 2026-10-17T03:27:08+00:00
- Read time: 1 min
- Topics: gold, xauusd, tradingview, bearish, trendline, descending, resistance, business, finance
## Gold Rebound
Gold rebounded from 4,080 region after softer dollar and falling treasury yields.
## Resistance Zone
Price tested 4,157-4,166 intermediate support but slipped below descending trendline.
## Key Zones
4,207-4,217 major resistance, 4,190-4,198 bearish ob, 4,157-4,166 intermediate support.
## Price Action
Gold rejected descending trendline and dropped 44 points to 4,165 inside support zone.
## Next Target
Price targets 4,111-4,122 downside before reaching major demand at 4,075-4,088.
## Sell View
Sellers remain active below descending trendline with no sign of bullish reversal.
## Key takeaway

Gold rejected 4,157-4,166 resistance and fell 44 points to 4,165.