Tuesday, May 19, 2026
Commodities intraday targets/key levels
UKOIL
−0.05%
FCPO1!
+1.92%
CL1!
−0.30%
GOLD
−0.22%
Key points:
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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.
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