How Do You Draw Downward Gold Trend Lines on MetaTrader 4?

How Do You Draw Downward XAUUSD Trend Lines on MetaTrader 4?

MT4 Gold Platform Trendline Drawing Tools for Drawing Gold Trendlines in MT4 XAUUSD Charts

The MT4 trend line plotting tools used to plot gold trend lines on MetaTrader 4 are located on the MT4 charts toolbar within MT4 software, To access this MetaTrader 4 charts tool-bar if it isn't activated on your MetaTrader 4 platform, Click in 'View' Next to 'File' menu at tops left corner of MetaTrader 4 software & click 'View', Then Click on 'Tool Bars' button key, Then Check the 'Lines Tool-bar' by clicking on it.

Shown Below is example of the gold MT4 trendline plotting charts tool-bar. To plot a gold downwards trend-line on a gold chart click this gold trend-line plotting tool and select the point where you want to plot the downward gold trend line.

How Do I Draw Downward Gold Trendlines on MetaTrader 4 (MetaTrader 4)

Drawing a Downward XAUUSD Trendline on MetaTrader 4 Platform

When it comes to learning how to plot the downwards gold trend lines on gold charts, you need to know that when the gold market is bearish it forms lower lows & lower highs forming a downwards general xauusd price trend direction. These are the chart points that are used to plot the downward gold trend line on MT4 xauusd charts.

To draw downwards gold trendlines we use resistance levels & to draw a downward gold trendline correctly two resistance levels are needed as shown and illustrated on the downward gold trend line examples illustrated and explained below.

Interpret and Draw Downward Gold Trendlines in MT4?