---
title: "\"Technical Analysis\" Main Commodity Intraday Targets/Key Technical Levels"
description: "This article provides technical analysis of major commodities, including Brent crude oil, palm oil, West Texas Intermediate crude oil, spot gold, LME copper futures, LME aluminum futures, CBOT soybean"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/216510145.md"
published_at: "2024-10-11T01:23:49.000Z"
---

# "Technical Analysis" Main Commodity Intraday Targets/Key Technical Levels

> This article provides technical analysis of major commodities, including Brent crude oil, palm oil, West Texas Intermediate crude oil, spot gold, LME copper futures, LME aluminum futures, CBOT soybeans, corn, wheat, New York coffee, and cocoa, with target prices, support levels, and resistance levels. Analyst Wang Tao pointed out that quotes may be delayed and forecasts may be affected

(This article is written by Wang Tao, a commodities and energy technology analyst at Reuters. The following content represents his personal views)

Reuters Singapore, October 11th -

Contract Target Price ($ represents US dollars) Support/Resistance Level ($ represents US dollars)

Brent Crude Oil $78.21 Resistance Levels $79.73/$80.29/$81.16

Palm Oil - Support Levels 4,250⁄4,206⁄4,153 Malaysian Ringgit (MYR)

Resistance Levels 4,293⁄4,346⁄4,382 MYR

West Texas Intermediate (WTI) Crude Oil $73.42 Resistance Levels $76.53/$77.54

Spot Gold $2,650 Support Levels $2,627/$2,620/$2,612

### LME Copper Futures\* $9,627 Resistance Levels $9,801/$9,909

### LME Aluminum Futures\* $2,608/$2,641 Support Levels $2,570/$2,557/$2,536

### CBOT Soybeans $10.07, $10.01-1⁄4 Resistance Levels $10.25-3⁄4, $10.31-1⁄2

### CBOT Corn $4.18, $4.15 Support Levels $4.19-3⁄4, $4.15

### CBOT Wheat $6.09-1⁄2, $6.17-1⁄4 Support Levels $5.97, $5.90-3⁄4, $5.84-1⁄2

New York Coffee $2.5920/$2.6295 Support Levels $2.5280/$2.5085

New York Cocoa $7,610/$7,789 Support Levels $7,431/$7,209

-   Quotes are delayed and forecasts may be affected

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.