XAUUSDcontinue falling based on the direction of the trend line
The image is a chart showing the price of gold in US dollars, as tracked by OANDA. The chart is showing the price for the past four hours and includes a descending trend line, as well as a yellow horizontal support line and a yellow horizontal resistance line. XAUUSD is listed as the symbol for gold. The chart indicates that the price of gold has fallen from approximately 2,675 to 2,635, and is likely to continue falling based on the direction of the trend line. The time of the chart is 15:46 UTC, October 5th, 2024.
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