How Do I Draw Gold Trend Lines on Gold Trading MetaTrader 5 Online Platform?
Trading XAUUSD Draw Trend Lines XAUUSD on MT5
To draw Gold Trend Lines on MT5 use MT5 Charts Drawing Tools for Drawing Gold Trend Lines on MT5 XAUUSD Charts
The MT5 gold trend line drawing tools used to draw MT5 gold trend line setups on the MT5 platform are located on the MT5 gold drawing charts toolbar within the MT5 Gold Trading Platform, To access this MT5 charts toolbar if it is not activated on your MT5 platform, Click in "View" Next to "File" at the top left corner of the MT5 platform and click "View", Then Click on "Tool bars", Then Check the "Lines Toolbar" by clicking on it.
Below is the example of the MT5 gold trend line drawing charts toolbar. To draw MT5 gold trend line on MT5 gold chart just click on this MT5 gold trend line drawing tool and select the MT5 chart point where you want to draw the MT5 upward gold trend line or the MT5 downward gold trend line.
Interpret and Draw Gold Trend Lines on Gold Trading MetaTrader 5 Online Platform?
XAUUSD Trading MT5 Upward Trend Line
To draw this upward trend line gold traders use support levels. To draw the upward trend line correctly two support levels are needed as shown on the MT5 gold trend line example illustrated and explained below.
Interpret and Draw Gold Trend Lines on Gold Trading MetaTrader 5 Online Platform?
XAUUSD Trading MT5 Downward Trend Line
To draw downwards gold trend line we use resistance levels and to do draw the downward trend line correctly two resistance levels are used as shown on the downward gold trend line example illustrated and explained below.
How Do I Draw Gold Trend Lines on MetaTrader 5 Gold Trading?
How Do I Draw Gold Trend Lines on MT5?