How to Draw Gold Trend Lines Break Technical Analysis
XAUUSD Trend Line Break Reversal XAUUSD Trading Signal
The gold trend line break is a gold reversal trading signal where the xauusd market goes through the trend line and starts moving in the opposite direction.
Up Gold Trend
Upward Gold Trend Line Analysis - When a up gold trend line is broken then the sentiment of the xauusd market reverses and becomes bearish
Gold Upward Trend Gold Trend Line Break
Down Gold Trend
Downward Gold Trend Line Analysis - when a down gold trend line is broken then the sentiment of the gold trading reverses and becomes bullish
Gold Downward Trend Gold Trend Line Break
NB: for very strong gold trends, after this gold trend line break reversal signal, the xauusd trading price will consolidate for some time before moving in the opposite trend direction. For short term gold market trends then this gold trend line break reversal signal will mean xauusd trading price may reverse direction immediately.
How to Draw XAUUSD Trend Line Technical Analysis on MT4
The MT4 platform provides gold charting tools for drawing the trend lines on MetaTrader 4 gold charts. To draw gold trend lines on a gold chart on the MetaTrader 4 platform, xauusd traders can use the trend line drawing tool provided on the MT4 platform that is shown on the xauusd trading example illustrated and explained below.
How to Draw XAUUSD Trend Lines and Technical Analysis of XAUUSD Trend Lines in XAUUSD Trading
How to Draw Gold Trend Lines on MetaTrader 4 - How to Draw Gold Trend Lines Technical Analysis
To draw gold trend lines on a gold chart - just click the MetaTrader 4 gold trend line drawing tool above on the MT4 technical analysis software and select point A where you want to start drawing the trend line and then point B where you want the trend line to touch. You can also right click on the MetaTrader 4 gold trend line and on the gold trend line properties option select the option to extend its ray by ticking the "ray check box", if you do not want to extend the trend line, then uncheck this option in your MetaTrader 4 platform - gold trend line properties. You can also change other gold trend line properties such as color and width on this gold trend line property popup window of the trend line properties. You can download MT4 xauusd trading platform and learn how to draw gold trend lines and learn gold trend line technical analysis with it.
