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GC closed above its falling wedge at $4339.80 and fell back below it 9 bars ago. The break failed. A close back above $4339.80 would change that.

GC=F · 1H · read on 2026-09-16 · Closed above $4339.80 11 bars ago, then closed back below it 9 bars ago. The break failed.

What the read found

Trend: lower highs and lower lows over the window, 3 steps across 57 bars — and that run is OVER: price closed above the last lower high 4 bars ago. Do not describe it as a trend that is still running.
Formation: falling wedge — Closed above $4339.80 11 bars ago, then closed back below it 9 bars ago. The break failed.
Decides above: $4402.57 (resistance)
Decides below: $4339.80 (the breakout)
Resistance: $4402.57
Resistance: $4460.97
Support: $4318.20
Level history: The last five times price reached $4402.57 it held three times, bouncing 1.5% on average, and broke through twice.
Level history: The last six times price reached $4460.97 it held every time, bouncing 1.3% on average.
Level history: The last five times price reached $4318.20 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 2026-09-16. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns