TradeWize · free chart read
GC is coiling inside a falling wedge with no clear trend under a 4 hour downtrend. The coil is on thin volume. $4330.36 ends the wedge, $4338.40 resumes the rise.
What the read found
- Trend: a series of higher highs and higher lows over the window, 4 steps across 68 bars — and that run is OVER: price closed below the last higher low 12 bars ago. Do not describe it as a trend that is still running.
- Formation: falling wedge — Still forming.
- Decides above: $4338.40 (the falling wedge)
- Decides below: $4330.36 (the falling wedge)
- Resistance: $4347.20
- Support: $4315.70
- Level history: The last two times price reached $4347.20 it held every time, bouncing 0.2% on average.
- Level history: The last two times price reached $4315.70 it held every time, bouncing 0.3% on average.
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Every figure on this page was computed from the real candles up to 2026-09-15. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns