TradeWize · free chart read
GC broke down from a rising wedge 2 bars ago on thin volume under a 4 hour downtrend. Above $4480.36 the break has failed.
What the read found
- Trend: a series of higher highs and higher lows over the window, 4 steps across 41 bars — and that run is OVER: price closed below the last higher low 3 bars ago. Do not describe it as a trend that is still running.
- Formation: rising wedge — Broke below $4480.36 2 bars ago on thin volume. No retest yet.
- Decides above: $4480.36 (the breakout)
- Decides below: $4442.90 (support)
- Support: $4442.90
- Support: $4431.25
- Level history: The last two times price reached $4442.90 it held once, bouncing 0.2%, and broke through once.
- Level history: The last three times price reached $4431.25 it held every time, bouncing 0.5% 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