How Do You Draw Downward Gold Trend Lines on MetaTrader 5?

How Do You Draw Downward XAUUSD Trend Lines on MT5?

MT5 Gold Platform Trendline Drawing Tools for Drawing Gold Trend Lines on MetaTrader 5 Gold Charts

The MetaTrader 5 trend line drawing tools used to plot gold trend lines in the MT5 are located on the MT5 charts toolbar within MT5 platform, To access this MT5 charts tool-bar if it isn't activated on your MT5 platform, Click in "View" Next to the "File" menu at top left corner of MT5 platform and click "View", Then Click on "Tool Bars" button key, Then Check "Lines Tool-bar" by clicking on it.

Below is example of the gold MT5 trendline plotting charts toolbar. To draw a gold downwards trendline on a gold chart click this gold trendline plotting tool and select the point where you want to plot the downward gold trend line.

How Do I Draw Downward Gold Trend Lines on MetaTrader 5

Drawing a Downward XAUUSD Trend Line on MT5

When it comes to learning how to draw 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 in MetaTrader 5 xauusd charts.

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

Interpret & Draw Downward Gold Trend Lines in MT5?