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Gold Trend Indicators Free XAUUSD Indicators of Buy and Sell Gold Trading Signals

How to Draw Gold Trading Trend Lines on MetaTrader 4 XAUUSD Trading Software

The MT4 platform provides gold trendline drawing tools for drawing the gold trendlines on MT4 gold charts. To draw a gold trendline on a gold chart on the MT4 platform, xauusd traders can use the MT4 gold trend line drawing tool provided on the MT4 platform that is shown on the gold example illustrated and explained below.

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How to Draw XAUUSD TrendLines in MetaTrader 4 - XAUUSD Trend Indicators Free Gold Indicators of Buy and Sell Gold Signals - Learn How to Analyze Technical Indicators

How to Draw Gold Trend Lines on MT4 - Gold Trend Indicators Free XAUUSD Indicators of Buy and Sell Gold Trading Signals

To draw a gold trend line on a gold chart - just click the MT4 gold trend line drawing tool shown above on the MT4 platform and select point A where you want to start drawing the gold trend line and then point B where you want the gold trend line to touch. You can also right click on a gold trend line and on the gold trend line settings option select the option to extend the ray by ticking the "ray check box", if you do not want to extend the gold trend line, then uncheck this option in your MT4 trading xauusd platform - gold trend line settings. You can also adjust other gold trend line settings such as gold trend line color and gold trend line width on this gold trend line property tab of the gold trend line settings. You can download MT4 trading xauusd trading platform and learn how to draw a gold trend line.

XAUUSD Trend Indicators Free XAUUSD Indicators of Buy and Sell XAUUSD Trading Signals

The two gold analysis gold strategies used to trade gold trend lines are:

  1. Gold Trend Line Break Reversal Gold Trading Signal
  2. Gold Trend Line Bounce

Gold analysis of these two gold trend line strategies is explained in the trading gold examples below:

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Gold trend line bounce - this is a trading gold trend continuation signal where the xauusd price bounces from the gold trend line and continues moving in the same direction as that of the xauusd trend.

Gold Up Trend

  • In an upward gold trend the xauusd price will bounce and move upwards after hitting this upward gold trend line level which is the support level.

Gold Up Trend - Gold Trend Line Bounce - Gold Price Support Level Provided by the Upward Gold Trend Line

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Gold Down Trend

  • In a downward gold trend the xauusd price will bounce and move downwards after touching this downward gold trend line which is the resistance level.

Gold Down Trend - Gold Trend Line Bounce after Touching Resistance Level Provided by the Downward Gold Trend Line

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Gold trend line break this is a gold trend reversal gold signal where the xauusd price goes through the gold trend line and then starts to move in the opposite direction of the current xauusd trend.

XAUUSD Up Trend

When an upward gold trend line is broken then the gold trend then reverses and becomes a downward xauusd trend.

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Gold Down Trend

when a downward gold trend line is broken then the gold trend then reverses and becomes an upward xauusd trend.

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