Commodities intraday targets and key levels
USO•A technical analysis listed intraday targets and support or resistance levels for oil, palm oil, gold, copper, aluminium, grains, coffee and cocoa.
1. Targets and levels
The analysis set Brent oil’s target at $89.72, with resistance at $94 and $95.51, and WTI targets at $85.18 and $84.02, with resistance at $86.63, $87.52 and $88.96. Spot gold targets were $3,971, $3,957 and $3,945, with resistance at $3,995, $4,009 and $4,018. It also listed technical targets and support or resistance levels for palm oil, copper, aluminium, soybeans, corn, wheat, coffee and cocoa.
