TradeWize · free chart read
GC closed above its falling wedge at $4339.80 and fell back below it 21 bars ago. The break failed. A close back above $4339.80 would change that.
What the read found
- Trend: a series of higher highs and higher lows over the window, 3 steps across 32 bars, still intact
- Formation: falling wedge — Closed above $4339.80 23 bars ago, then closed back below it 21 bars ago. The break failed.
- Decides above: $4401.77 (resistance)
- Decides below: $4339.80 (the breakout)
- Resistance: $4401.77
- Resistance: $4466.70
- Support: $4318.20
- Level history: The last seven times price reached $4401.77 it held 5 times, bouncing 1.4% on average, and broke through twice.
- Level history: The last two times price reached $4466.70 it held every time, bouncing 1.7% on average.
- Level history: The last five times price reached $4318.20 it held every time, bouncing 0.9% on average.
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Every figure on this page was computed from the real candles up to 2026-09-16. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns