TECHNICALS-Commodities intraday targets/key levels

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* For more technical analyses, click TECH/C SINGAPORE, Jan 23 (Reuters) - Contract Target Support/Resistance Brent oil $78.58/$78.03/$77.59 res $79.46/$80.01/$80.34 Palm oil (3rd month) 4,106/4,045 ringgit res 4,204/4,265/4,315 ringgit WTI* $74.58 res $75.64/$76.29/$76.73 Spot gold $2,738/$2,728/$2,719 res $2,765/$2,781 LME copper (3rd month)* $9,154/$9,079 res $9,274/$9,395 LME aluminium (3rd month)* $2,608/$2,597 res $2,637/$2,654 CBOT soybeans (March) $10.45 res $10.64-1/4, $10.70-1/2 CBOT corn (March) $4.80-1/2, $4.76-3/4 res $4.86-1/2, $4.90-1/4 CBOT wheat(March) $5.49-1/2, $5.46-1/2 res $5.56, $5.59-1/2 N.Y. coffee (March)* $3.4710/$3.4945 sup $3.3875/$3.3625 N.Y. cocoa (March)* $12,024/$12,512 sup $11,479/$11,235 * 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) ((wang.tao@tr.com; + 65 6973 8364/9188 4196)) ((If you have a query or comment on this story, send an email to wang.tao@tr.com))
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Published Date
23 Jan 2025 at 8:17 AM
Publisher
Refinitiv
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