XAUUSD MT4 Draw Trend line Tools
The two types of trend lines are - upwards gold trend-line & 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 trend-line we use support levels. To draw upward gold trendline rightly 2 support levels are used as is shown & displayed on the upward trendline example shown and described below.
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Downward Gold Trendline
To draw down-wards gold trendline we use resistance zones and to draw a downwards gold trendline correctly 2 resistance zones are used as is shown & displayed on the downward gold trendline example shown and explained below.
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How to Draw TrendLines
To draw Trendlines on MT4 Charts use MT4 Charts Plotting Tools for Drawing Trendlines in MT4 Charts
The MetaTrader 4 gold trend-line drawing tools used to draw trendlines on the MetaTrader 4 software can be found on the MT4 drawing charts gold toolbar within the MetaTrader 4 software, To access this MetaTrader 4 charts drawing tools toolbar if it is not activated on your MetaTrader 4 software, Click "View" Next to "File" menu at the 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 trend-line drawing tool and select and choose the point where you as a trader want to plot & draw the upward trendline or downward gold trendline.
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