Our pivot point stands at 115790.
Our preference: as long as 115790 is support look for 118780.
Alternative scenario: below 115790, expect 114630 and 113940.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 116686 and 115961).
Supports and resistances:
120170 **
119470 *
118780 **
118090
116708 last
116250
115790 **
114630 *
113940 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-17-2025 at 04:02 UTC+1
Price reference: 116708 last known on 09-17-2025 at 04:02 UTC+1
Investment horizon: INTRADAY
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