XAUUSD MT4 Charts Draw Trend-Line Tools
There are two different types of gold trend lines - upwards gold trend-line & downward gold trend line. Procedure of how to draw gold trend-lines for upwards gold trend & how to draw gold trend lines for downwards gold trend is described below:
How to Draw Trendline on Gold Charts
To draw an upwards gold trend line we use support zones. To draw upward gold trend line correctly 2 support areas are used as displayed on the upwards trend line examples illustrated & explained below.
How to Draw a Trend Line On a XAUUSD Chart on XAUUSD Charts - How to Draw Upward Gold Trend Line
Downwards XAUUSD Trend Line
To draw downwards gold trend line we use resistance zones and to draw downward gold trend line correctly two resistance areas are used as illustrated on the downwards gold trend line examples illustrated & explained below.
How to Draw Trend-Lines on XAUUSD Charts - How to Draw XAUUSD Downwards Trendline
How to Draw XAUUSD Trend Lines
To draw Gold Trend-Lines in MetaTrader 4 XAUUSD Charts use MT4 Charts Drawing Tools for Drawing Gold Trend-Lines in MT4 XAUUSD Charts
The MT4 gold trend line drawing tools used to plot gold trend-lines in MT4 are located on the MT4 drawing charts toolbar within the MT4 platform, To access this MetaTrader 4 charts drawing tools toolbar if it is not activated on your MT4 platform, Click in "View" Next to the "File" menu at top left corner of MT4 platform and click "View", Then Click on "Tool Bars" button key, Then Check the "Lines Toolbar" by clicking on it - XAUUSD MetaTrader 4 Draw Gold Trend-Line Tools - XAUUSD MetaTrader 4 Trend Line Drawing Tools.
Below is example of the MT4 gold trendline plotting charts toolbar. To draw gold trendlines on a gold chart click this gold trend line plotting tool & choose the point where you want to plot the upward trend line or downwards gold trend line.
How to Draw Gold Trend Lines
