Our pivot point is at 99700.
Our preference: the downside prevails as long as 99700 is resistance.
Alternative scenario: above 99700, look for 101060 and 101860.
Comment: the RSI is trading below 30. This could mean that either the price is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 101178 and 101893).
Supports and resistances:
101860 **
101060 *
99700 **
99170
98400 last
96500
95700 **
94900 *
94100 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-13-2025 at 21:14 UTC+1
Price reference: 98400 last known on 11-13-2025 at 21:14 UTC+1
Investment horizon: INTRADAY
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