Pivot: 4855
Our preference: short positions below 4855 with targets at 4260 & 4100 in extension.
Alternative scenario: above 4855 look for further upside with 5000 & 5175 as targets.
Comment: as long as 4855 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
5175
5000
4855
4539 Last
4260
4100
4000
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-01-2026 at 02:29 UTC+1
Price reference: 4539 last known on 06-01-2026 at 02:29 UTC+1
Investment horizon: ST
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