XAUUSD MT4 Draw Trendline Tools

There are two different types of gold trendlines - upward gold trendline and downward gold trendline. The procedure of how to draw gold trendlines for upward gold trend & how to draw gold trendlines for downward gold trend is described below:

Draw Upwards XAUUSD Trend Line

To draw an upwards gold trendline we use support zones. To draw upward gold trendline correctly two support levels are used as shown on the upward trendline example illustrated & described below.

How to Draw a Trendline On a XAUUSD Chart on XAUUSD Charts - How to Draw Upward Gold Trendline

Downwards XAUUSD Trend Line

To draw downwards gold trendline we use resistance zones and to draw downward gold trendline correctly two resistance levels are used as shown on the downward gold trendline example illustrated & described below.

How to Draw Trendlines on XAUUSD Charts - How to Draw Gold Downwards Trendline

How to Draw XAUUSD Trend Lines

To draw Gold Trendlines in MT4 XAUUSD Charts use MT4 Charts Drawing Tools for Drawing Gold Trendlines on MetaTrader 4 XAUUSD Charts

The MetaTrader 4 gold trendline drawing tools used to draw gold trendlines on the MT4 are located on the MT4 drawing charts tool bar within MetaTrader 4 platform, To access this MT4 charts drawing tools toolbar if it is not activated on your MetaTrader 4 platform, Click in 'View' Next to 'File' menu at tops left corner of MetaTrader 4 platform and click 'View', Then Click on 'Tool Bars' button key, Then Check the 'Lines Toolbar' by clicking on it - XAUUSD MT4 Draw Gold Trendline Tools - XAUUSD MT4 Trendline Drawing Tools.

Shown Below is examples of MetaTrader 4 gold trendline drawing charts toolbar. To draw gold trendlines on a gold chart click this gold trendline plotting tool and select the point where you want to plot the upward trendline or downward gold trendline.

How to Draw Gold Trendlines