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GC is 60 bars into a downtrend, coiling inside a bear pennant under a weekly downtrend. It poked below the pennant 4 bars ago without closing there. $4210.50 ends the pennant, $4192.16 resumes the fall.

GC=F · 4H · read on 2026-10-01 · Poked below $4192.16 4 bars ago without closing there. Still forming.

What the read found

Trend: lower highs and lower lows over the window, 5 steps across 60 bars, still intact
Formation: bear pennant — Poked below $4192.16 4 bars ago without closing there. Still forming.
Decides above: $4210.50 (the bear pennant)
Decides below: $4192.16 (the bear pennant)
Resistance: $4220.30
Resistance: $4483.30
Support: $4176.27
Support: $4143.65
Level history: The last two times price reached $4220.30 it held every time, bouncing 0.9% on average.
Level history: The last three times price reached $4483.30 it held every time, bouncing 2.9% on average.
Level history: The last five times price reached $4176.27 it held 4 times, bouncing 1.4% on average, and broke through once.

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Every figure on this page was computed from the real candles up to 2026-10-01. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns