TradeWize · free chart read
GC broke down from a bear pennant 30 bars ago on 3 times normal volume under a 1 hour downtrend. Above $4313.11 the break has failed.
What the read found
- Trend: lower highs and lower lows over the window, 6 steps across 112 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: bear pennant — Broke below $4313.11 30 bars ago on 3 times normal volume. No retest yet.
- Decides above: $4313.11 (the breakout)
- Decides below: $4284.85 (support)
- Resistance: $4338.00
- Support: $4284.85
- Level history: The last two times price reached $4338.00 it held every time, bouncing 0.7% on average.
- Level history: The last two times price reached $4284.85 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 2026-09-24. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns