How to Draw XAUUSD Fib Retracement on MT4
How Do You Draw XAUUSD Trading Fib Retracements?
To draw Fibonacci Retracement indicator on the MetaTrader 4 platform, you can use the following xauusd step by step guide:
1. Click "Insert Menu"2. Click "Fibo"3. Click "Retracement"
How to Draw XAUUSD Fib Retracement on MT4 - How to Draw Fibonacci Retracement on MT4
How Do You Draw Fibonacci Retracements Levels?
After adding this Fibonacci Retracement Technical Indicator tool on the MT4 platform - this Fibonacci retracement technical indicator can then be accessed from "MetaTrader 4 Line Studies Tool Bar" as shown on the gold trading example shown below.
How to Draw Fibonacci Gold Indicator Tool on MT4 XAUUSD Charts
This Fibonacci Retracement indicator is located on MetaTrader 4 (Line Studies Toolbar), to navigate to this line studies toolbar click "View" button key at the tops left corner of MT4 platform next to file, then click "Toolbars", Then Check "Line Studies".
From above MetaTrader 4 Fibonacci Retracement indicator tool a trader can then select this XAUUSD Fib Retracement tool & place it on a xauusd chart so as to determine where the Fibo Retracement Levels are on the Gold Chart.
