How to Draw Gold Trading Fib Retracement on MetaTrader 4
How Do I Draw XAUUSD Trading Fib Retracements?
To draw Fibonacci Retracement indicator on the MT4 platform, you can use the following xauusd trading step by step guide:
1. Click "Insert"2. Click "Fibonacci"3. Click "Retracement"
How to Draw Gold Trading Fib Retracement on MetaTrader 4
How Do I Draw Fibonacci Retracements Levels?
After adding this Fibonacci Retracement Indicator tool on the MetaTrader 4 platform - this Fibonacci retracement indicator can then be accessed from "MT4 Line Studies Tool Bar" as shown on the xauusd trading example illustrated and explained below.
How to Draw Fibonacci Gold Technical Indicator on MetaTrader 4 Gold Charts
This Fibonacci Retracement indicator is located on MT4 (Line Studies Toolbar), to go to this line studies toolbar click "View" at the top left corner of MT4 platform next to file, then click "Toolbars", Then Check "Line Studies".
From the above MetaTrader 4 Fibonacci Retracement indicator tool a gold trader can then select this Gold Trading Fib Retracement tool and place it on a gold chart so as to determine where the Fibonacci Retracement Levels are on the Gold Chart.