TradeWize · free chart read
GC broke down from a bear pennant this bar on thin volume after the 4 hour downtrend broke. Above $4162.90 the break has failed.
What the read found
- Trend: lower highs and lower lows over the window, 7 steps across 66 bars, still intact
- Formation: bear pennant — Broke below $4162.90 this bar on thin volume. No retest yet.
- Decides above: $4162.90 (the breakout)
- Decides below: $4162.63 (support)
- Resistance: $4170.83
- Resistance: $4198.20
- Support: $4162.63
- Level history: The last four times price reached $4170.83 it held every time, bouncing 0.3% on average.
- Level history: The last two times price reached $4198.20 it held once, bouncing 0.3%, and broke through once.
- Level history: The last seven times price reached $4162.63 it held every time, bouncing 0.2% 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