How to Draw Gold Trendlines XAUUSD Trading on MT4 Platform
To draw Gold Trend-Lines in MT4 use MT4 Charts Drawing Tools for Drawing Gold Trend-Lines in MT4 XAUUSD Charts
The MT4 gold trend line drawing tools used to plot these trend line setups in MT4 are located on the MT4 drawing charts toolbar within the MT4 Gold Trading Platform, To access this MetaTrader 4 charts toolbar if it is not activated on your platform, Click in "View" Next to the "File" menu at top left corner of MT4 platform & click "View", Then Click on "Tool Bars" button key, Then Check the "Lines Toolbar" by clicking on it.
Below is example of the MT4 gold trendline plotting charts toolbar. To draw a gold trendline on a gold chart click this gold trend line plotting tool & select the point where you want to plot the upward trend line or a downwards gold trend line.
How to Draw Gold Trend-Lines in MT4 on MT4 Gold Charts
How to Draw Gold Trendlines XAUUSD Trading on MT4 Software
To draw this upwards trend setup we use supports. To draw it correctly two support areas are needed as shown and illustrated on the xauusd example illustrated & explained below.
How to Draw Gold Trend Lines Gold Trading on MT4 - How to Draw Gold Up Ward Gold Trend Line on MT4
How to Draw XAUUSD Trend Lines XAUUSD Trading on MT4 Platform
To draw downward gold trends we use resistance levels & to do it correctly two resistances are needed as shown and illustrated on the xauusd example illustrated & explained below.
How to Draw Gold Trend Lines Gold Trading on MT4 - How to Draw Gold Down Ward Gold Trend Line on MT4