Our pivot point stands at 3931.
Our preference: as long as 3931 is support look for 4198.
Alternative scenario: the downside breakout of 3931 would call for 3833 and 3775.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3994 and 3934).
Supports and resistances:
4315 **
4257 *
4198 **
4140
4010 last
3970
3931 **
3833 *
3775 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2025 at 01:10 UTC+1
Price reference: 4010 last known on 10-20-2025 at 01:10 UTC+1
Investment horizon: INTRADAY
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