How Do I Create a Trend Line?

To add a gold trend line in MT4 platform use charting tools for drawing the trend lines - MT4 Trend Lines Tools.

To create gold trend lines on charts on the MetaTrader 4 software, traders can use the add trend line tool provided on the MT4 software that is shown on the example shown and described below.

How Do I Add a Trendline in MT4 Explained - Add Trend Line Tool on MT4

How Do I Create Trend Line? - How Do I Create a Trendline in MT4?

To create a gold trend lines on a gold chart - just click the MT4 add trendline drawing adding tool above on the MT4 platform & choose point A where you want to start adding the trend line & then point B where you want the trendline to touch. You also can right click on trendline & on the trend line properties option choose the option to extend its ray by ticking the "ray check box", if you do not want to extend the trendline, then uncheck this option in your MetaTrader 4 platform - trendline properties. You also can change other gold trendline properties such as color and width on this gold trendline property pop up window of the trendline properties. You can download MT4 xauusd trading and learn how to create and add trendlines and learn trend line with MT4 Trendlines Tools.

Trading Strategy of Trend Lines with Examples

There are 2 analysis strategies used to trade the trendlines:

1. Trend-Line Break
2. Gold Trendline Bounce

The Trading Strategy of these two trend line gold strategies is explained using the example illustrated & explained below:

How to Create Trendlines & Strategy of Trend Lines in XAUUSD Trading

The gold trend line bounce is a continuation signal where the price bounces off the trendline & continues in same direction as that of the trend.

Trend Line Bounce Strategy in Up Trend

• In an up-ward trend, the price will bounce upward after hitting this upward trend line level which is the support area.

Gold Up Trend - Trendline Bounce after Touching Support Areas Provided by the Upwards Trend Line

Gold Upwards Trend - Trendline Bounce Strategy Method

How Do I Create Trendlines and Trading Strategy of Gold Trendlines in Gold Trading

Trend Line Bounce Strategy in Down Trend

• In a down-wards gold trend, the market will bounce downward after hitting this gold trend line level which is the resistance zone.

Gold Down Trend - Trendline Bounce after Touching The Resistance Levels Provided by the Downward Trend Line

Gold Downwards Trend - Trendline Bounce Strategy Method

How Do I Create Trend Lines and Strategy of Trend Lines in XAUUSD Trading

How to Create Trendlines and Trading Strategy of Gold Trendlines in Gold Trading

The gold trendline break is a gold reversal signal where the market moves through the trendline & starts moving in opposite direction.

Trend-Line Break Strategy

When a up trend line is broken then sentiment of the market reverses & becomes bearish

Gold Upward Trend Trend Line Break

How Do You Add Trend-Lines & Strategy of XAUUSD Trend Lines in XAUUSD Trading

Trend Line Break Trading Strategy

When a down trend line is broken then sentiment of the reverses & becomes bullish

Gold Downwards Trend Trend Line Break

How Do You Add Trend Lines and Strategy of Gold Trend-Lines in XAUUSD Trading

NB: for very strong trends, after this gold trend line break reversal signal, price will consolidate for some time before going in the opposite trend direction. For short term gold market trends then this gold trend line break reversal signal will mean price may reverse immediately.