Commodities intraday targets/key levels

By Reuters News

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Contract

Target

Support/Resistance

Brent oil (1st month)

$102.20/$100.97

res $104.19/$104.90/$106.18

Palm oil (3rd month)

4,568/4,844 ringgit

res 4,902/4,931/4,959 ringgit

WTI* (1st month)

$99.27/$97.36

res $100.98/$101.86/$102.88

Spot gold

$4,340/$4,300

res $4,406/$4,446

LME copper (3rd month)*

$14,623/$14,665

sup $14,490/$14,443

LME aluminium (3rd month)*

$3,304/$3,314/$3,327

sup $3,293/$3,280/$3,272

CBOT soybeans (Nov)

$13.16-3/4, $13.22-1/2, $13.26

sup $13.12, $13.07-1/4

CBOT corn (Dec)

$5.37-1/4, $5.39-3/4

sup $6.30-3/4, $5.28, $5.24-1/2

CBOT wheat (Dec)

$7.30-1/2, $7.38-1/4, $7.47-1/4

sup $7.23, $7.13-3/4, $7.07-1/4

N.Y. coffee (Dec)*

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res $2.8105/$2.8365/$2.8755

sup $2.7505/$2.7265/$2.6915

N.Y. cocoa (Dec)*

$5,119

res $5,375/$5,533/$5,660

* Prices are delayed.

** Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. His analyses are exclusively published on the Workspace platform - a London Stock Exchange product.

No information in this analysis should be considered business, financial, or legal advice. Each reader should consult his or her own professional or other advisers for business, financial, or legal advice regarding the products mentioned in the analyses.

If you have a query or comment on this story, send an email to wang.tao@tr.com.

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