Our pivot point is at 59.79.
Our preference: The upside prevails as long as 59.79 is support, with 62.23 and 62.87 as targets
Alternative scenario: below 59.79, expect 58.71 and 58.07.
Comment: The approach toward our first target is a key moment to watch, it may trigger a throwback, yet a firm close above this threshold could provide the momentum needed to push the asset price higher.
Supports and resistances:
63.52 *
62.87 **
62.23
61.54 last
59.79 **
58.71 *
58.07 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-05-2026 at 11:00 UTC+1
Price reference: 61.54 last known on 08-05-2026 at 11:00 UTC+1
Investment horizon: INTRADAY
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