There are two different types of gold trend-lines - upwards gold trend line and downward gold trend line. Procedure of how to draw gold trend-lines for upward gold trend & how to draw gold trend-lines for downward gold trend is described below:
How to Draw XAUUSD Trend Line for Swing Trading
To draw an upwards gold trend-line we use support zones. To draw upward gold trend line correctly two support levels are used as displayed on the upwards trend line example illustrated and explained below - How to Draw a Trend Line for Swing Trading.
How to Draw Trend-Lines for Swing Trading on XAUUSD Charts - How to Draw Upward Gold Trend Line
Downwards Gold Trend Line
To draw downwards gold trend line we use resistance zones & to draw downward gold trend line correctly 2 resistance levels are used as illustrated on the downwards gold trend line example illustrated and explained below - How to Draw a Trend Line for Swing Trading.
How to Draw Trend Lines on XAUUSD Charts - How to Draw XAUUSD Downwards Trend-Line
How to Draw Gold Trend Lines
To draw Gold Trend Lines for Swing Trading on MT4 XAUUSD Charts use MT4 Charts Drawing Tools for Drawing Gold Trendlines in MT4 XAUUSD Charts
The MetaTrader 4 gold trend line plotting tools used to plot gold trend lines on MetaTrader 4 are located on the MT4 drawing charts tool bar within MetaTrader 4 platform, To access this MT4 charts drawing tools 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 and click 'View', Then Click on "Gold Tool bars", Then Check the "Gold Lines Toolbar" by clicking on it - XAUUSD MT4 Draw Gold Trend Line Tools for Swing Trading - Gold MetaTrader 4 Trend Line Drawing Tools.
Shown Below is examples of MetaTrader 4 gold trend-line drawing charts gold toolbar. To draw gold trend-lines on a gold chart click this gold trendline plotting tool & choose point where you want to draw the upwards trend line or downwards gold trend line.
How to Draw Gold Trend Lines for Swing Trading
