Commodities intraday targets/key levels
USO•A technical analysis set intraday targets and support or resistance levels for Brent and WTI crude, palm oil, gold, copper, aluminium, soybeans, corn, wheat, coffee and cocoa.
1. Targets and levels
The analysis set Brent oil targets at $110.17, $110.91 and $111.91, with support at $109.08, $108.21, $107.34 and $106.26. WTI targets were $99.25 and $100.06, with support at $97.94 and $96.88; spot gold targets were $4,102 and $4,090, with resistance at $4,135, $4,150 and $4,169. It also provided target and support or resistance levels for palm oil, copper, aluminium, soybeans, corn, wheat, coffee and cocoa.
