How Do I Use XAUUSD Trading Fib Retracement Levels on MT5 Software?

How Do I Use Fibonacci Retracement Levels on XAUUSD MetaTrader 5 Online?

The procedure on how to use Fibonacci Retracement Levels Indicator on MetaTrader 5 is explained below:

Fibonacci Retracement Levels Indicator on the MetaTrader 5 platform will automatically draw the xauusd price retracement levels on a gold chart once this Fibonacci retracement levels indicator is placed on the xauusd chart.

To add this Fibonacci Retracement Levels indicator on the MetaTrader 5 platform, you can use the following MetaTrader 5 platform short cut method:

1. Click Insert2. Click Fibonacci3. Click Retracement

How Do You Use Fibonacci Retracement Levels on MetaTrader 5

After adding Fibonacci Retracement Levels Indicator on the MetaTrader 5 platform this gold indicator can then be accessed from "MetaTrader 5 Line Studies Tool Bar" as shown on the xauusd trading example illustrated and explained below.

How Do You Use XAUUSD Trading Fib Retracement Levels on MetaTrader 5 Software?

This Fibonacci Retracement levels gold trading tool is located on MetaTrader 5 platform (Line Studies Tool Bar) - to go to this MetaTrader 5 line studies tool bar click "View" at the top left corner of MetaTrader 5 platform next to file, then click "Toolbars" - Then Check "Line Studies".

Interpret & Use Fibonacci Retracement Levels on MetaTrader 5?