Our pivot point stands at 1830.
Our preference: the upside prevails as long as 1830 is support.
Alternative scenario: below 1830, expect 1805 and 1791.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1848 and 1848).
Supports and resistances:
1927 **
1912 *
1897 **
1883
1849 last
1840
1830 **
1805 *
1791 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-11-2023 at 17:28 UTC+1
Price reference: 1849 last known on 08-11-2023 at 17:28 UTC+1
Investment horizon: INTRADAY
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