TradeWize · free chart read

GC broke out of a falling wedge this bar on thin volume under a weekly downtrend. Below $4222.80 the break has failed.

GC=F · DAILY · read on 2026-10-02 · Broke above $4222.80 this bar on thin volume. No retest yet.

What the read found

Trend: lower highs and lower lows over the window, 3 steps across 27 bars, still intact
Formation: falling wedge — Broke above $4222.80 this bar on thin volume. No retest yet.
Decides above: $4347.35 (the head and shoulders)
Decides below: $4222.80 (the breakout)
Resistance: $4765.10
Support: $3971.97
Level history: The last four times price reached $4765.10 it held every time, bouncing 8.3% on average.
Level history: The last six times price reached $3971.97 it held every time, bouncing 7.0% on average.

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Every figure on this page was computed from the real candles up to 2026-10-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns