Goldman Sachs ST : the upside prevails as long as 563.06 is support

Our pivot point is at 563.06.

Our preference: the upside prevails as long as 563.06 is support

Alternative scenario: below 563.06, expect 538.32 and 523.60.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 580.12 and 550.08).

Supports and resistances:

678.04 **

662.83 *

647.61 **

632.39

598.54 USD - last

572.78

563.06 **