XAUUSD MT4 Draw Trendline Tools

There are two types of xauusd trendlines - upward xauusd trendline & downwards xauusd trendline. The procedure of how to draw xauusd trendlines for upward xauusd trend & how to draw xauusd trendlines for downward xauusd trend is described below:

Draw Upward Gold Trendline

To draw an upwards xauusd trendline we use support zones. To draw upward xauusd trendline correctly two support levels are used as shown on the upward trendline example shown below.

How to Draw a Trendline On a XAUUSD Chart on Gold Charts - How to Draw Upward XAUUSD Trendline

Downward Gold Trendline

To draw downwards xauusd trendline we use resistance zones and to draw downward xauusd trendline correctly two resistance levels are used as shown on the downward xauusd trendline example shown below.

How to Draw Trendlines on Gold Charts - How to Draw XAUUSD Downward Trendline

How to Draw Gold Trendlines

To draw XAUUSD Trendlines in MT4 Gold Charts use MetaTrader 4 Charts Drawing Tools for Drawing XAUUSD Trendlines in MetaTrader 4 Gold Charts

The MT4 xauusd trendline drawing tools used to draw xauusd trendlines on the MT4 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 "File" menu at the tops 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 Trading MetaTrader 4 Draw XAUUSD Trendline Tools - XAUUSD MT4 Trendline Drawing Tools.

Below is the example of the MT4 xauusd trend line drawing charts toolbar. To draw xauusd trendlines on a xauusd chart click on this xauusd trendline plotting tool and select the point where you want to plot the upward trendline or downward xauusd trendline.

How to Draw Gold Trend-lines