Pivot: 4850
Our preference: short positions below 4850 with targets at 4260 & 4100 in extension.
Alternative scenario: above 4850 look for further upside with 5000 & 5175 as targets.
Comment: as long as 4850 is resistance, expect a return to 4260.
Supports and resistances:
5175
5000
4850
4675 Last
4260
4100
3930
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-05-2026 at 10:55 UTC+1
Price reference: 4675 last known on 04-05-2026 at 10:55 UTC+1
Investment horizon: ST
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