TECHNICALS-Commodities intraday targets/key levels

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* For more technical analyses, click TECH/C SINGAPORE, Dec 4 (Reuters) - Contract Target Support/Resistance Brent oil $73.95/$74.52 sup $73.48/$73.02/$72.45 Palm oil (3rd month) 5,206/5,247 ringgit sup 5,128/5,070 ringgit WTI* $70.71/$71.42 sup $69.57/$68.86 Spot gold $2,621 res $2,649/$2,666 LME copper (3rd month)* $9,135/$9,206/$9,273 sup $9,091/$9,020 LME aluminium (3rd month)* $2,620/$2,634 sup $2,598/$2,584/$2,575 CBOT soybeans (Jan.) $9.99-1/2, $10.04-1/2 sup $9.84/-1/4, $9.77-1/2 CBOT corn (March) $4.30-1/2, $4.27-3/4 res $4.32-3/4, $4.35 CBOT wheat(March) $5.44-1/2, $5.42 res $5.51-1/2, $5.54-1/2, $5.58-1/4 N.Y. coffee (March)* $3.0070/$3.0735 sup $2.9245/$2.8680/$2.7910 N.Y. cocoa (March)* $8,840/$8,694 res $9,216/$9,339/$9,492 * Prices are delayed. ** Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. No information in this analysis should be considered as being 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. (Reporting by Wang Tao) (([email protected]; + 65 6973 8364/9188 4196)) ((If you have a query or comment on this story, send an email to [email protected]))
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Published Date
4 Dec 2024 at 8:38 AM
Publisher
Refinitiv
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