TradeWize · free chart read

GC broke down from a bear flag 5 bars ago on thin volume and is retesting $4171.39 now. The retest has held so far. Above $4171.39 the break has failed.

GC=F · 5M · read on 2026-10-03 · Broke below $4171.39 5 bars ago on thin volume, came back to it this bar and is holding so far.

What the read found

Trend: a series of higher highs and higher lows over the window, 3 steps across 56 bars — and that run is OVER: price closed below the last higher low 4 bars ago. Do not describe it as a trend that is still running.
Formation: bear flag — Broke below $4171.39 5 bars ago on thin volume, came back to it this bar and is holding so far.
Decides above: $4171.39 (the breakout)
Decides below: $4069.29 (the measured move)
Resistance: $4163.30
Resistance: $4177.85
Level history: The last nine times price reached $4163.30 it held 8 times, bouncing 0.2% on average, and broke through once.
Level history: The last five times price reached $4177.85 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 2026-10-03. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns