Our pivot point is at 4,059.
Our preference: The upside prevails as long as 4,059 is support, with 4,160 and 4,180 as targets
Alternative scenario: below 4,059, expect 4,025 and 4,005.
Comment: The approach toward our first target is a key moment to watch, it may trigger a throwback, yet a firm close above this threshold could provide the momentum needed to push the asset price higher.
Supports and resistances:
4,201 *
4,180 **
4,160
4,134 last
4,059 **
4,025 *
4,005 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-05-2026 at 13:00 UTC+1
Price reference: 4134 last known on 11-05-2026 at 13:00 UTC+1
Investment horizon: INTRADAY
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