The MT4 XAUUSD Platform Setup Guide
How to Analyze XAUUSD Trading and Setup MT4 XAUUSD Platform
To setup and trade gold trading on MT4 platform, you will need to first register for a demo xauusd practice account - as a trader you will then use the xauusd demo account login details on your MT4 software. Once you download and install the MT4 platform on your PC Desktop computer - you will access the xauusd platform through your xauusd practice account.
If you have downloaded this xauusd software on your PC - then you will need to locate the download MT4 location on your web browser - go to the folder where you downloaded the MT4 platform (if you do not know where this folder is, just do this Press keyboard short cut keys Ctrl & J - CTRL+J or (CTRL+Y) Keys on your keyboard, and your downloads folder will appear), double click the downloaded MT4 platform installation file - open the MT4 installation wizard and click next, next until you finish installing the MT4 software.
After you have installed and setup the MT4 platform you will then open the MT4 software from the start menu of your computer. After you have opened the MT4 platform you will see the MT4 platform interface you will be xauusd with. This xauusd platform MT4 workspace might seem complicated at first but it's not - to learn about this MT4 platform workspace - TheLearn MT4 platform tutorials will be discussed under the lessons xauusd platform section where you will get an explanation of how to setup and trade xauusd trading with MetaTrader 4 platform.
At the 'top left corner' of the MetaTrader 4 software click on the 'File' Menu, and a drop down menu appears, scroll to where there is the 'Login' option and click on it. You will then be prompted to enter the 'username' and 'password' that you got for your xauusd demo account when you registered for a practice practice xauusd account. After entering the demo xauusd account login details you will then be logged in to your MT4 platform and you are set to begin trading on MT4 platform, opening of xauusd charts from the MT4 platform and opening new xauusd orders in MetaTrader 4 platform using your xauusd demo trading practice account.
After this you will see your xauusd demo account balance displayed just below the MT4 gold charts and you can now start using the MT4 platform that you have installed on your computer to place demo xauusd trades on the gold trading market.
How Do I Interpret Setting up MT4 XAUUSD Platform
