Our pivot point is at 4388.
Our preference: rebound towards 4676.
Alternative scenario: below 4388, expect 4281 and 4217.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (4466) but under its 50 period moving average (4504).
Supports and resistances:
4805 **
4741 *
4676 **
4612
4473 last
4431
4388 **
4281 *
4217 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-08-2025 at 15:01 UTC+1
Price reference: 4473 last known on 10-08-2025 at 15:01 UTC+1
Investment horizon: INTRADAY
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