Our pivot point stands at 3919.
Our preference: as long as 3919 is support look for 4170.
Alternative scenario: the downside breakout of 3919 would call for 3821 and 3763.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3994 and 3936).
Supports and resistances:
4287 **
4228 *
4170 **
4112
3996 last
3957
3919 **
3821 *
3763 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2025 at 01:36 UTC+1
Price reference: 3996 last known on 10-20-2025 at 01:36 UTC+1
Investment horizon: INTRADAY
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