Pivot: 4705
Our preference: long positions above 4705 with targets at 4770 & 4795 in extension.
Alternative scenario: below 4705 look for further downside with 4680 & 4650 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
4830 **
4795 **
4770 **
4730 Last
4705 ***
4680 **
4650 ***
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-12-2026 at 05:15 UTC+1
Price reference: 4730 last known on 05-12-2026 at 05:15 UTC+1
Investment horizon: INTRADAY
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