How to Trade Gold on MT4: Step-by-Step
Step-by-step guide to trading gold on MT4. From installation to placing your first gold trade with proper risk management.
I tested every approach before landing on this one. Here is what actually works for gold.
Key Takeaways
- ◆Download from your broker's website. Most brokers offer MT4 for Windows, Mac, iOS, and Android.
- ◆Open Market Watch (Ctrl+M). Right-click > Symbols. Find XAUUSD, select it, click Show. Drag onto your chart.
- ◆Choose your timeframe (M15, H1, H4). Add indicators from the Navigator panel (Ctrl+N). Draw key levels manually.
- ◆F9 to open order window. Set volume, SL, TP. Choose market execution for immediate entry, or pending orders for entri...
- ◆Always set a stop loss. Calculate position size using the Position Size Calculator before entering.
Install MT4
Download MT4 from your broker's website. Install and log in with your demo or live account credentials.
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