XAUUSD MT4 Draw Trendline Tools
The two types of trendlines are - upwards gold trendline & downwards gold trendline. Guide of how to plot a trendline for upward gold trend & how to draw a trendline for downwards gold trend is illustrated below:
Draw Upwards Gold Trendline
To draw an upward gold trendline we use support levels. To draw upward gold trendline correctly two support zones are used as shown on the upward trendline example shown and described below.
How Do I Draw a Trendline on Charts - How Do I Draw Upwards Gold Trendline - How to Draw Trendlines - How to Draw Trendlines on MetaTrader 4
Downwards Gold Trendline
To draw down-wards gold trendline we use resistance zones and to draw a downward gold trendline correctly two resistance zones are used as shown on the downward gold trendline example shown and explained below.
How Do I Draw Trendlines on Charts - How Do I Draw Downwards Gold Trendline - How to Draw Trendlines - How to Draw Trendlines on MetaTrader 4
How to Draw Trend-Lines
To draw Trendlines on MT4 Charts use MT4 Charts Plotting Tools for Drawing Trendlines in MetaTrader 4 Charts
The MT4 gold trendline drawing tools used to draw trendlines on the MetaTrader 4 software can be found on the MetaTrader 4 drawing charts gold toolbar within the MT4 platform, To access this MetaTrader 4 charts drawing tools toolbar if it is not activated on your MetaTrader 4 platform, Press in "View" Next to the "File" menu at top-left corner of MT4 software & click "View", Then Press on "Tool Bars" button, Then Tick "Lines Tool-Bar" by clicking on it - XAUUSD MT4 Draw Trendline Tools - MT4 Gold Trendline Drawing Tools.
Below is example of MT4 gold trendline plotting charts gold toolbar. To draw trendlines on a trading chart press this gold trendline drawing tool and select the point where you as a trader want to plot the upward trendline or downward gold trend line.
How Do I Draw Trendlines - How to Draw Trendlines - How to Draw Trendlines in MetaTrader 4 - XAUUSD MT4 Draw Trendline Tools
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