110130 is our pivot point.
Our preference: the upside prevails as long as 110130 is support.
Alternative scenario: below 110130, expect 108940 and 108230.
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 110452 and 110610).
Supports and resistances:
114610 **
113900 *
113200 **
112490
111069 last
110600
110130 **
108940 *
108230 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2025 at 04:02 UTC+1
Price reference: 111069 last known on 09-05-2025 at 04:02 UTC+1
Investment horizon: INTRADAY
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