Contract

Target

Support/Resistance

Brent oil (1st month)

-

sup $71.25/$70.53/$69.68

res $72.57/$73.20/$74.14

Palm oil (3rd month)

4,592/4,609/4,633 ringgit

sup 4,547/4,526/4,501 ringgit

WTI* (1st month)

-

sup $68.13/$67.71/$67.36

res $69.34/$69.88/$70.56

Spot gold

$4,141/$4,120/$4,107

res $4,174/$4,195/$4,209

LME copper (3rd month)*

$13,326/$13,211

res $13,410/$13,534

LME aluminium (3rd month)*

$3,137

sup $3,103/$3,088/$3,081

CBOT soybeans (Nov)

$11.97, $12.05-3/4

sup $11.88, $11.83-1/4, $11.74-3/4

CBOT corn (Sept)

$4.35, $4.32-1/2, $4.31-1/4

res $4.35-3/4, $4.41-1/4, $4.45-1/4

CBOT wheat (Sept)

$6.06-1/2, $6.00-1/2

res $6.14-1/4, $6.19-1/2

N.Y. coffee (Sept)*

$3.4370/$3.3855

res $3.4880/$3.5310/$3.5705/$3.6275

N.Y. cocoa (Sept)*

$5,791/$5,937

sup $5,700/$5,627/$5,554

* 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.