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GC closed below its descending triangle at $4173.06 and fell back above it this bar. The break failed. A close back below $4173.06 would change that.

GC=F · 1H · read on 2026-10-02 · Closed below $4173.06 1 bar ago, then closed back above it this bar. The break failed.

What the read found

Trend: lower highs and lower lows over the window, 4 steps across 36 bars, still intact
Formation: descending triangle — Closed below $4173.06 1 bar ago, then closed back above it this bar. The break failed.
Decides above: $4222.10 (the descending triangle)
Decides below: $4173.06 (the descending triangle)
Resistance: $4314.50
Resistance: $4333.13
Support: $4143.65
Level history: The last two times price reached $4314.50 it held once, bouncing 0.4%, and broke through once.
Level history: The last four times price reached $4333.13 it held every time, bouncing 1.8% on average.
Level history: The last three times price reached $4143.65 it held every time, bouncing 0.9% on average.

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Every figure on this page was computed from the real candles up to 2026-10-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns