Commodities intraday targets/key levels

Chamunda Gong

4/8/2025 2:56:47 PM

Contract

Target

Support/Resistance

Brent oil

$65.58/$67.50

sup $64.40/$63.41/$62.49

Palm oil (3rd month)

4,269/4,323 ringgit

sup 4,212/4,176/4,119 ringgit

WTI*

$62.14/$64.08

sup $60.94/$59.93/$59

Spot gold

$3,022/$3,049

sup $2,978/$,2,950/$2,922

LME copper (3rd month)*

$9,029

sup $8,666/$8,553/$8,371

LME aluminium (3rd month)*

$2,412/$2,474

sup $2,336/$2,283

CBOT soybeans (May)

$9.90-1/4, $9.97-1/4

sup $9.83, $9.78-3/4, $9.75-1/4

CBOT corn (May)

$4.69-3/4, $4.73-3/4

sup $4.5162-3/4, $4.58-1/4

CBOT wheat (May)

$5.47-1/4

sup $5.37, $5.33-3/4, $5.30-3/4

N.Y. coffee (May)*

$3.3140

res $3.4630/$3.5165

N.Y. cocoa (May)*

$7,634

res $8,076/$8,350

* 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.

Risk Statement

FinanceWiki is for the purpose of delivering user creations, but does not mean to agree with their views or confirm the authenticity of their content. Please make your own judgment when reading and browsing. The articles are published by users registered on FinanceWiki, not by FinanceWiki. If there is any infringement, please contact us in time for processing, and we will respond and resolve it as soon as possible.

Risk Statement

Finance.Wiki reminds you that the data contained in this website may not be real-time or accurate. The data and prices on this website may not be provided by the market or exchange, but may be provided by market makers, so the prices may not be accurate and may differ from the actual market prices. That is, the prices are only indicative prices, reflecting market trends, and are not suitable for trading purposes. Finance.Wiki and the providers of the data contained in this website are not responsible for any losses caused by your trading behavior or reliance on the information contained in this website.