Our pivot point stands at 2770.
Our preference: as long as 2770 is support look for 2964.
Alternative scenario: the downside breakout of 2770 would call for 2698 and 2655.
Comment: the RSI is above its neutrality area at 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 2828 and 2821).
Supports and resistances:
3050 **
3007 *
2964 **
2921
2834 last
2799
2770 **
2698 *
2655 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-24-2025 at 08:43 UTC+1
Price reference: 2834 last known on 11-24-2025 at 08:43 UTC+1
Investment horizon: INTRADAY
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