Our pivot point is at 197.86.
Our preference: The downside prevails as long as 197.86 is resistance, with 196.86 and 196.59 as targets
Alternative scenario: above 197.86, look for 198.32 and 198.59.
Comment: The asset is now hovering dangerously close to our pivot, representing a pivotal moment that could be among the last opportunities for a trend reversal.
Supports and resistances:
198.59 **
198.32 *
197.86 **
197.62 last
196.86
196.59 **
196.31 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-01-2026 at 13:20 UTC+1
Price reference: 197.62 last known on 09-01-2026 at 13:20 UTC+1
Investment horizon: INTRADAY
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