How to Draw Gold Trading Fib Retracement on MetaTrader 4
How Do I Draw XAUUSD Trading Fib Retracements?
To draw Fibonacci Retracement indicator on MetaTrader 4 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 MT4
How Do I Draw Fibonacci Retracements Levels?
After adding this Fibonacci Retracement Technical Indicator tool on the MT4 platform - this Fibonacci retracement technical 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 Fib Gold Indicator on MetaTrader 4 Gold Charts
This Fib Retracement indicator is located on MT4 (Line Studies Toolbar), to navigate to this line studies toolbar click 'View' button at the tops left corner of MetaTrader 4 software next to file, then click the 'Tool bars', Then Check 'Line Studies'.
From above MT4 Fibonacci Retracement indicator tool a trader can then select this Gold Trading Fib Retracement tool & place it on a gold chart so as to determine where the Fibo Retracement Levels are on the Gold Chart.
