Pivot: 2450.00
Our preference: long positions above 2450.00 with targets at 2790.00 & 3000.00 in extension.
Alternative scenario: below 2450.00 look for further downside with 2275.00 & 2070.00 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
3120.00 **
3000.00 ***
2790.00 ***
2592.58 Last
2450.00 ***
2275.00 ***
2070.00 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-18-2024 at 06:33 UTC+1
Price reference: 2592.58 last known on 11-18-2024 at 06:33 UTC+1
Investment horizon: MT
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