How to Draw XAUUSD Trend-Lines in MT4 Platform
There are two types of xauusd trend lines - upwards xauusd trend-line & downward xauusd trend line. The procedure of how to draw xauusd trend-lines for upwards xauusd trend and how to draw xauusd trend lines for downwards xauusd trend is explained below:
Draw Upward Gold Trendline
To draw an upward xauusd trend line we use support zones. To draw upward xauusd trend line correctly two support levels are used as displayed on the upward trend-line examples illustrated below.
How to Draw a Trend Line On a XAUUSD Chart on Gold Charts - How to Draw Upward XAUUSD Trend Line
Downwards Gold Trendline
To draw downward xauusd trend line we use resistance zones and to draw downward xauusd trend line correctly two resistance levels are used as shown on the downwards xauusd trend-line examples illustrated below.
How to Draw Trend-Lines on Gold Charts - How to Draw XAUUSD Downwards Trendline
How to Draw Gold Trendlines
To draw XAUUSD Trend-Lines on MetaTrader 4 Gold Charts use MT4 Charts Drawing Tools for Drawing XAUUSD Trend-Lines in MT4 Gold Charts
The MT4 xauusd trend line drawing tools used to plot xauusd trend lines on the MetaTrader 4 are located on the MetaTrader 4 drawing charts toolbar within the MetaTrader 4 platform, To get this MT4 charts drawing tools toolbar if it is not activated on your MT4 software, Click in 'View' Next to the 'File' menu at top left corner of MetaTrader 4 platform and click 'View', Then Click on 'Tool Bars' button key, Then Check the 'Lines Toolbar' by clicking on it - XAUUSD MetaTrader 4 Draw XAUUSD Trend-Line Tools - XAUUSD Trading MT4 Trend-Line Drawing Tools.
Below is examples of MetaTrader 4 xauusd trend line drawing charts toolbar. To draw xauusd 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 to Draw Gold Trend-lines
