TradeWize · free chart read
GC is coiling inside a bear pennant with no clear trend inside a daily uptrend. The coil is on thin volume. $4389.90 ends the pennant, $4357.95 resumes the fall.
What the read found
- Trend: lower highs and lower lows over the window, 3 steps across 22 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 — Still forming.
- Decides above: $4389.90 (the bear pennant)
- Decides below: $4357.95 (the bear pennant)
- Resistance: $4540.75
- Support: $4365.40
- Support: $4351.30
- Level history: The last two times price reached $4540.75 it held every time, bouncing 1.7% on average.
- Level history: The last three times price reached $4365.40 it held every time, bouncing 0.8% on average.
- Level history: The last two times price reached $4351.30 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 2026-09-11. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns