TradeWize · free chart read

GC is coiling inside a bear pennant with no clear trend under a 4 hour downtrend. The coil is on thin volume. $4408.90 ends the pennant, $4387.33 resumes the fall.

GC=F · 5M · read on 2026-09-13 · Still forming.

What the read found

Trend: lower highs and lower lows over the window, 6 steps across 83 bars — and that run is OVER: price closed above the last lower high 1 bars ago. Do not describe it as a trend that is still running.
Formation: bear pennant — Still forming.
Decides above: $4408.90 (the bear pennant)
Decides below: $4387.33 (the bear pennant)
Resistance: $4412.83
Resistance: $4436.40
Support: $4372.10
Level history: The last four times price reached $4412.83 it held every time, bouncing 0.4% on average.
Level history: The last three times price reached $4436.40 it held every time, bouncing 0.5% on average.
Level history: The last four times price reached $4372.10 it held every time, bouncing 1.2% on average.

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Every figure on this page was computed from the real candles up to 2026-09-13. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns