The price could retrace.
Our pivot point is at 229.06.
Our preference: as long as 229.06 is support look for 260.00
Alternative scenario: below 229.06, expect 218.03 and 211.46.
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 above its 20 and 50 period moving average (respectively at 232.75 and 222.73).
Supports and resistances:
273.27 **
266.63 *
260.00 **
253.37
238.99 USD - last
233.40
229.06 **