How to Draw XAUUSD Trading MT5 Trend Lines on MT5
The two types of xauusd trend-lines are - upward xauusd trend line & downward xauusd trend line. Procedure of how to plot a xauusd trend-line for upward xauusd trend & how to draw a xauusd trend-line for downward xauusd trend is shown below:
Draw Gold Upwards Trend Line
To draw an upwards xauusd trend line we use support zones. To draw upward xauusd trend line correctly two support zones are used as illustrated on the upward trend line gold trading example shown below.
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Downward Gold Trendline
To draw downwards xauusd trend line we use resistance zones and to draw a downward xauusd trend line correctly 2 resistance zones are used as shown on the downwards xauusd trend line gold trading example shown below.
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How to Draw XAUUSD Trading MetaTrader 5 Trend-Lines in MetaTrader 5 Gold Charts
To draw XAUUSD Trading MetaTrader 5 Trend-Lines in MetaTrader 5 Gold Charts use MT5 Charts Drawing Tools for Drawing XAUUSD Trading MetaTrader 5 Trend-Lines in MetaTrader 5 XAUUSD Charts
The MT5 xauusd trend line drawing xauusd trading tools used to draw xauusd trend lines in MetaTrader 5 platform are located on the MetaTrader 5 drawing charts toolbar within the MetaTrader 5 platform, To get this MT5 charts drawing tools toolbar if it is not activated on your gold MetaTrader 5 platform, Click in "View" Next to "File" menu at the tops left corner of MetaTrader 5 platform and click "View", Then Click on "MT5 Tool bars", Then Check the "Lines Toolbar" by clicking on it - XAUUSD Trading MetaTrader 5 Draw XAUUSD Trend-Line Tools - XAUUSD MetaTrader 5 Trend Line Drawing XAUUSD Trading Tools.
Below is the example of the MT5 xauusd trend-line drawing charts tool-bar. To draw xauusd trend-lines on a xauusd chart click on this xauusd trend line drawing xauusd trading tool & select the point where you want to plot the upward trend line or downwards xauusd trend line.
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