Our pivot point is at 43630.
Our preference: the upside prevails as long as 43630 is support.
Alternative scenario: below 43630, expect 42890 and 42450.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 43973 and 43846).
Supports and resistances:
46400 **
45960 *
45520 **
45080
44206 last
43920
43630 **
42890 *
42450 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-22-2023 at 07:02 UTC+1
Price reference: 44206 last known on 12-22-2023 at 07:02 UTC+1
Investment horizon: INTRADAY
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