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 and how to draw gold trendlines for downward gold trend is explained below:

Draw Upward XAUUSD Trend Line

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

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

Downward XAUUSD Trend Line

To draw downward 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 and explained below.

How to Draw TrendLines on XAUUSD Charts - How to Draw Gold Downward TrendLine

How to Draw XAUUSD Trend Lines

To draw Gold TrendLines on MT4 XAUUSD Charts use MetaTrader 4 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 MetaTrader 4 are located on the MT4 drawing charts toolbar within the MetaTrader 4 platform, To access this MetaTrader 4 charts drawing tools toolbar if it is not activated on your MetaTrader 4 platform, Click in "View" Next to "File" at the top left corner of the MetaTrader 4 platform and click "View", Then Click on "Tool bars", Then Check the "Lines Toolbar" by clicking on it - XAUUSD MetaTrader 4 Draw Gold TrendLine Tools - XAUUSD MT4 TrendLine Drawing Tools.

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

How to Draw Gold TrendLines