TradeWize · free chart read

GC broke out of a falling channel 33 bars ago on twice normal volume under a 4 hour downtrend. Below $4208.53 the break has failed.

GC=F · 5M · read on 2026-10-02 · Broke above $4208.53 33 bars ago on twice normal volume. No retest yet.

What the read found

Trend: a series of higher highs and higher lows over the window, 6 steps across 95 bars — and that run is OVER: price closed below the last higher low 22 bars ago. Do not describe it as a trend that is still running.
Formation: falling channel — Broke above $4208.53 33 bars ago on twice normal volume. No retest yet.
Decides above: $4217.60 (resistance)
Decides below: $4208.53 (the breakout)
Resistance: $4217.60
Support: $4189.65
Support: $4184.50
Level history: The last two times price reached $4217.60 it held every time, bouncing 0.1% on average.
Level history: The last four times price reached $4189.65 it held twice, bouncing 0.7% on average, and broke through twice.
Level history: The last two times price reached $4184.50 it held every time, bouncing 0.7% on average.

Read your own chart

Upload a screenshot from any charting app, or type a ticker. The same engine computed this read. Free, no account, one read a week. It shows the levels and the two prices that decide it; the call is yours.

Analyze a chart

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