Pivot: 4725
Our preference: short positions below 4725 with targets at 4625 & 4585 in extension.
Alternative scenario: above 4725 look for further upside with 4765 & 4800 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
4800 *
4765 **
4725 ***
4675 Last
4625 **
4585 **
4545 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-11-2026 at 09:15 UTC+1
Price reference: 4675 last known on 05-11-2026 at 09:15 UTC+1
Investment horizon: INTRADAY
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