XAUUSD MetaTrader 5 Draw Trend Line Tools
There are 2 types of xauusd trend lines - upwards xauusd trend line & down ward xauusd trend line. The method of how to draw trend lines for upward xauusd trend and how to draw trend lines for downwards xauusd trend is explained below:
Draw Gold Upwards Trendline
To draw an upwards xauusd trend line we use support areas. To draw upward xauusd trend line correctly two support zones are used as shown on the upward trend-line examples illustrated below.
How Do I Draw a Trend Line On a MT5 Chart in MT5 Charts - How Do I Draw Upward Trendline
Downwards Trendline
To draw down ward xauusd trend line we use resistance areas & to draw down ward xauusd trend line correctly 2 resistance zones are used as displayed on the downward xauusd trend line examples illustrated below.
How Do I Draw MT5 Trend-Lines on MetaTrader 5 Charts - How Do I Draw Down-ward Trend-Line
How to Draw MT5 Trend-Lines on MetaTrader 5 Charts
To draw MT5 Trend Lines on MetaTrader 5 Charts use MetaTrader 5 Charts Drawing Tools for Drawing XAUUSD MT5 Trend Lines on MetaTrader 5 Charts
The MT5 trend-line drawing tools used to draw trend-lines in the MT5 are located on the MT5 drawing charts tool-bar within the MT5 platform, To get this MT5 charts drawing tools toolbar if it isn't activated on your MT5 platform, Click in 'View' Next to 'File' menu at top left corner of MT5 platform & click 'View', Then Press on "Meta Trader 5 Toolbars", Then Check the 'Lines Tool Bar' by clicking on it - XAUUSD Meta Trader 5 Draw Trend-Line Tools - XAUUSD MT5 Trend-Line Drawing Tools.
Below is example of MT5 trend line drawing charts toolbar. To draw trend lines on a xauusd chart click this xauusd trendline plotting tool & select point where you want to draw the upward trend line or downward xauusd trend line.
How Do I Draw MT5 Platform Trend-Lines