Commodity Price Targets and Key Levels for Today
Here are the key price targets and support/resistance levels for major commodities:
Brent crude oil (1st month):
- Target range: $96.03 - $99.04
- Support levels: $91.16, $88.15, $86.29
Palm oil (3rd month):
- Price range: 4,749 - 4,696 - 4,644 ringgit
- Resistance levels: 4,814, 4,854, 4,888 ringgit
WTI crude oil (1st month):
- Target: $101.18
- Support levels: $92.54, $89.14
Spot gold:
- Target: $4,734
- Resistance levels: $4,853, $4,888, $4,926
LME copper (3rd month):
- Resistance levels: $12,453, $12,592
- Support levels: $12,229, $12,091
LME aluminium (3rd month):
- Price range: $3,430 - $3,413
- Resistance levels: $3,479, $3,501, $3,528
CBOT soybeans (May):
- Price range: $11.43-1/4, $11.40-1/4
- Resistance levels: $11.52-3/4, $11.56
CBOT corn (May):
- Price range: $4.46-3/4, $4.49-1/4
- Support levels: $4.42-3/4, $4.40-1/4
CBOT wheat (May):
- Price range: $5.77-1/4, $5.72-3/4
- Resistance levels: $5.84-3/4, $5.89-1/2
N.Y. coffee (May):
- Price range: $2.8465 - $2.8065
- Resistance levels: $2.8790, $2.9115
N.Y. cocoa (May):
- Price range: $2,981 - $2,953 - $2,922
- Resistance levels: $3,035, $3,075


