Pivot: 52000
Our preference: long positions above 52000 with targets at 64500 & 69000 in extension.
Alternative scenario: below 52000 look for further downside with 45000 & 38500 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
73800
69000
64500
57459 Last
52000
45000
38500
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-02-2024 at 03:08 UTC+1
Price reference: 57459 last known on 09-02-2024 at 03:08 UTC+1
Investment horizon: ST
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