Tuesday, May 19, 2026

Commodities intraday targets/key levels

UKOIL −0.05% FCPO1! +1.92% CL1! −0.30% GOLD −0.22% Key points: For more technical analyses, clickTECH/C Contract Target Support/Resistance Brent oil (1st month) - res $111.67/$112.75/$114.50 sup $109.92/$108.17 Palm oil (3rd month) 4,543/4,502 ringgit res 4,634/4,669 ringgit WTI* (1st month) $102.96/$101.94 res $105.26/$106.13 Spot gold $4,458/$4,438/$4,426 res $4,510/$4,526/$4,542 LME copper (3rd month)* $13,323/$13,117 res $13,489/$1,3655 LME aluminium (3rd month)* $3,566/$3,549 res $3,602/$3,622/$3,643 CBOT soybeans (July) $11.99-3/4, $11.96-1/4 res $12.09-1/2, $12.13-3/4 CBOT corn (July) $4.70-3/4, $4.69-3/4 res $4.77-3/4, $4.79-1/2 CBOT wheat (July) $6.60, $6.53-1/4 res $6.75, $6.80-3/4 N.Y. coffee (July)* $2.7235/$2.7575 sup $2.6875/$2.6650/$2.6285 N.Y. cocoa (July)* $3,966/$4,040/$4,114 sup $3,875/$3,818/$3,727 * 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 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.

$4000 at risk: Gold sellers refuse to give up amid hot US inflation, Mideast tensions

  Gold pauses its recovery from seven-month lows of $4,024 in Wednesday’s Asian trading, after facing fresh offers above the $4,100 level. G...