Our pivot point is at 3979.
Our preference: the downside prevails as long as 3979 is resistance.
Alternative scenario: the upside breakout of 3979, would call for 4070 and 4125.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 3982 and 3938).
Supports and resistances:
4125 **
4070 *
3979 **
3944
3906 last
3786
3732 **
3678 *
3624 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-22-2025 at 01:09 UTC+1
Price reference: 3906 last known on 10-22-2025 at 01:09 UTC+1
Investment horizon: INTRADAY
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