Commodities intraday targets and key levels
USO•Technical targets and support or resistance levels were listed for Brent and WTI crude, palm oil, gold, copper, aluminium, soybeans, corn, wheat, coffee and cocoa.
1. Targets and levels
The analysis listed intraday targets and support or resistance levels for 11 commodities. Brent oil targets were $101.77 and $100.50, with resistance at $103.82 and $105.09; WTI targets were $92.09 and $91.46, with resistance at $93.50 and $94.75. Spot gold targets were $4,141, $4,110 and $4,084, with resistance at $4,190, $4,214 and $4,238.
2. Other commodities
Targets and levels were also provided for palm oil, LME copper and aluminium, CBOT soybeans, corn and wheat, and New York coffee and cocoa. The analysis noted that prices marked with an asterisk were delayed.
