How Do You Interpret Gold MT4 Upwards Trend Line on MT4 Software?

How Do I Read MT4 Upwards Trend Line on MT4?

MT4 Software Trend Line Plotting Tools for Drawing Trend Line on MT4 Charts

The MT4 trend line drawing tools used to draw trend lines on MT4 charts are located in the MT4 software drawing charts tool-bar within the MetaTrader 4 platform, To get this MT4 charts tool bar if it is not activated on your MT4 software, Click in 'View' Next to the 'File' menu at top left corner of Meta Trader 4 platform & click 'View', Then Press on 'ToolBars' button, Then Tick 'Lines Tool-Bar' by clicking it.

Below are examples of MetaTrader 4 trend line drawing charts toolbar. To draw an upward trend line on a MT4 chart click on this Meta Trader 4 trendline plotting tool and select point where you want to draw the upwards trend line.

How Do I Interpret Gold MT4 Upwards Trend Line on XAUUSD MT4 Software?

Drawing an Upwards Trend-Line on MetaTrader 4

When the price moves up it forms higher highs & higher lows forming a bullish market movement. An upward trend-line then can be drawn by connecting these higher lows of price.

To draw this upward trend-line we use support levels. To draw upward trend-line correctly two support levels are needed as illustrated and shown on the upward trend-line examples illustrated below.

How Do I Interpret Gold MT4 Upwards Trend Line in MetaTrader 4

How Do I Interpret MetaTrader 4 Upwards Trend Line on MT4?