Which is the Best Gold Trend Reversal Indicator?
XAUUSD Trend Line Indicator Reversal Technical Analysis Methods
The Gold Trendline Indicator Reversal is a gold trading reversal signal where the xauusd market goes through the Gold Trend Line Indicator and starts moving in opposite direction.
Up XAUUSD Trend
When an Up Gold Trend Line Indicator is broken then the sentiment of the xauusd market reverses & becomes bearish
Up Gold Trend-Line Indicator Reversal
Down Gold Trend
When a Down Gold Trendline Indicator is broken then the sentiment reverses & becomes bullish
Gold Trading Down Trend-Line Indicator Reversal
NB: for very strong gold trends, after this Gold Trend Line Indicator Reversal gold trading signal, the xauusd price will consolidate for some time before moving in opposite direction of the trend. For short term gold trends then this Gold Trend Line Indicator Reversal gold signal will mean xauusd price may reverse immediately.
MT4 XAUUSD Trading Platform Trendline Technical Indicator Drawing Tools for Drawing XAUUSD Trend-Line Indicators in MT4 XAUUSD Charts
The MT4 Gold Trend Line Indicator drawing tools used to draw Gold Trend Line Indicators on the MT4 are located on the MT4 charts toolbar within the MT4 platform, To access this MT4 charts 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 & click 'View', Then Click on 'Tool Bars' button key, Then Check 'Lines Toolbar' by clicking on it.
Shown Below is example of the gold trading MT4 Trend Line Indicator drawing charts toolbar. To draw a gold downward Gold Trend Line Indicator on a gold chart click this Gold Trend Line Indicator drawing tool and select the point where you want to plot the downward Gold Trend Line Indicator.
How to Draw Downwards Gold Trend Line Indicators in MetaTrader 4