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German DAX index

A clear stoppage in a narrow range, similar to gold, may be an expectation for today’s macroeconomic data. It is worth looking into the gold analysis to see which data is involved.

Pivot Points

Daily R3 15740
Daily R2 15670
Daily R1 15630

Daily PP 15560

Daily S1 15510
Daily S2 15450
Daily S3 15400

Going over the 15500 level will give us an open road to the Daily S3 because breaking the psychological level usually happens quite intensively. Yesterday it failed because at this price there were huge packages of contract orders in the order book. Someone has put a lot of money on the rebound, if at the set levels there will be no willing to make large transactions, the price will easily break the Daily R3 level.

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