How Do I Draw Gold Trendlines on Charts?

How Do You Draw Trend Lines on Charts?

There are two types of trend lines - up-wards trend-line and downwards trend line. The xauusd step by step procedure of how to draw trend-lines for up-ward trend downwards trend is explained below:

How Do You Draw Gold Trendlines Gold on Charts?

To draw this up-ward trendline setup we use supports. To draw it correctly two support levels are needed as illustrated and shown on the gold example illustrated below.

How Do I Draw Trend Lines XAUUSD on Charts - How Do You Draw Up Ward Trendline

How Do You Draw Gold Trendlines Gold on Charts?

To draw downwards trend lines traders use resistance levels and to do it correctly two resistances are needed as shown on the gold example illustrated below.

How Do I Draw Trend Lines XAUUSD on Charts - How Do You Draw Down Ward Trendline

How Do You Draw XAUUSD Trend-Lines XAUUSD on Charts?

To draw Trend-Lines in MetaTrader 4 Charts use MT4 Charts Drawing Tools for Drawing Trend-Lines in MT4 Charts

The MetaTrader 4 trend-line drawing tools used to draw these trendline setups on the MT4 platform are--locatedcan--be--found on the MT4 charts drawing trading toolbar within the MT4 charts, To access this MetaTrader 4 charts toolbar if it's not activated on your platform, Click in 'View' Next to the 'File' menu at top left corner of MetaTrader 4 platform & click 'View', Then Click on the 'Tool-Bars' button key, Then Check the 'Lines Toolbar' by clicking on it - XAUUSD MT4 Charts Draw Trendline Tools - MetaTrader 4 Drawing Tools.

Below is the example of the MetaTrader 4 trend-line drawing charts toolbar. To draw a trend-line on a chart click this trend line plotting tool & choose point where you want to draw the upwards trend line or a downwards trend line.

How Do I Draw Trend Lines on Charts in MT4 Charts

How Do I Draw Gold Trendlines on Charts?