TradeWize · free chart read

GC broke out of a falling wedge 2 bars ago on heavier than normal volume under a weekly downtrend. Below $4329.55 the break has failed.

GC=F · 4H · read on 2026-09-16 · Broke above $4329.55 2 bars ago on heavier than normal volume. No retest yet.

What the read found

Trend: lower highs and lower lows over the window, 5 steps across 49 bars, still intact
Formation: falling wedge — Broke above $4329.55 2 bars ago on heavier than normal volume. No retest yet.
Decides above: $4716.85 (the measured move)
Decides below: $4329.55 (the breakout)
Support: $4358.90
Support: $4335.30
Level history: The last five times price reached $4358.90 it held 4 times, bouncing 1.1% on average, and broke through once.
Level history: The last five times price reached $4335.30 it held every time, bouncing 2.6% on average.

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Every figure on this page was computed from the real candles up to 2026-09-16. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns