TradeWize · free chart read
GC is coiling inside a falling wedge with no clear trend under a 4 hour downtrend. $4320.30 ends the wedge, $4323.46 resumes the rise.
What the read found
- Trend: a series of higher highs and higher lows over the window, 4 steps across 77 bars — and that run is OVER: price closed below the last higher low 5 bars ago. Do not describe it as a trend that is still running.
- Formation: falling wedge — Still forming.
- Decides above: $4323.46 (the falling wedge)
- Decides below: $4320.30 (the falling wedge)
- Resistance: $4328.92
- Resistance: $4341.30
- Support: $4306.03
- Level history: The last seven times price reached $4328.92 it held every time, bouncing 0.2% on average.
- Level history: The last three times price reached $4341.30 it held every time, bouncing 0.4% on average.
- Level history: The last four times price reached $4306.03 it held three times, bouncing 0.6% on average, and broke through once.
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Every figure on this page was computed from the real candles up to 2026-09-26. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns