TradeWize · free chart read

GC broke down from a bear pennant 12 bars ago on heavier than normal volume and is retesting $4494.13 now. The retest has held so far. Above $4494.13 the break has failed.

GC=F · 4H · read on 2026-09-03 · Broke below $4494.13 12 bars ago on heavier than normal volume, came back to it 1 bar ago and is holding so far.

What the read found

Trend: lower highs and lower lows over the window, 5 steps across 48 bars, still intact
Formation: bear pennant — Broke below $4494.13 12 bars ago on heavier than normal volume, came back to it 1 bar ago and is holding so far.
Decides above: $4494.13 (the breakout)
Decides below: $4373.10 (support)
Resistance: $4741.47
Support: $4373.10
Level history: The last three times price reached $4741.47 it held twice, bouncing 2.4% on average.
Level history: The last six times price reached $4373.10 it held every time, bouncing 3.1% on average.

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Every figure on this page was computed from the real candles up to 2026-09-03. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns