Our pivot point stands at 3762.
Our preference: rebound towards 4020.
Alternative scenario: the downside breakout of 3762 would call for 3670 and 3615.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3862 and 3932).
Supports and resistances:
4130 **
4075 *
4020 **
3965
3854 last
3799
3762 **
3670 *
3615 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-18-2024 at 08:50 UTC+1
Price reference: 3854 last known on 12-18-2024 at 08:50 UTC+1
Investment horizon: INTRADAY
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