Commodity Support and Resistance Levels Revealed by Huitong Finance Analysis

A comprehensive chart of commodity support and resistance levels has been released by Huitong Finance Analysis. The chart covers 14 key instruments, including gold, silver, platinum, palladium, copper, crude oil, natural gas, fuel oil, wheat, corn, and cotton.

The chart's pivot points for the spot prices of these commodities are as follows: Gold (XAU/USD) has a daily chart PP at 4076.73, with support ranging from $3912.03 to $4213.95 per ounce; Silver (XAG/USD) has a daily chart PP at 58.24, with support ranging from $53.43 to $62.45 per ounce.

The NYMEX Platinum Main Contract's pivot point is at 1656.7, with the largest support and resistance coverage range from $1588.1 to $1721.9 per ounce.