TECHNICALS-Commodities intraday targets/key levels

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Contract

Target

Support/Resistance

Brent oil (1st month)

$76.63/$75.52

res $79.13/$79.98/$81.36

Palm oil (3rd month)

4,641/4,602 ringgit

res 4,715/4,767 ringgit

WTI* (1st month)

$72.56/$70.85

res $75.34/$76.40/$77.26

Spot gold

$4,166/$4,142/$4,128

res $4,205/$4,229/$4,243

LME copper (3rd month)*

$13,534

res $13,733/$13,857

LME aluminium (3rd month)*

$3,340/$3,258

res $3,367/$3,387/$3,420

CBOT soybeans (July)

$11.12

res $11.23-3/4, $11.27-3/4

CBOT corn (July)

$4.09-1/2, $4.06

res $4.16, $4.19

CBOT wheat (July)

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res $6.02, $6.04-1/2, $6.05-3/4

sup $5.96, $5.90

N.Y. coffee (Sept)*

$2.6525/$2.6455

res $2.6745/$2.6885

N.Y. cocoa (Sept)*

$4,648/$4,741/$4,833

sup $4,591/$4,544/$4,498

* 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.