Commodity Markets Get Visual Support & Resistance Analysis
The Huitong Finance Analysis has released a chart highlighting commodity support and resistance levels for various assets. The chart, updated on July 24, 2026, covers 14 instruments including Gold, Silver, Platinum, Palladium, Copper, Crude Oil, Natural Gas, Fuel Oil, Wheat, Corn, and Cotton.
The pivot point for Spot Gold XAU/USD is at $4076.73 with a support and resistance range of $3912.03 to $4213.95 per ounce. For Spot Silver XAG/USD, the pivot point is at $58.24 with a range of $53.43 to $62.45 per ounce.
The NYMEX Platinum Main Contract PLAT has a pivot point at $1656.7 with a support and resistance range of $1588.1 to $1721.9 per ounce. WTI Crude Oil Main Contract US OIL has a pivot point at $83.4 with a range of $79.82 to $87.23 per barrel.
The chart provides a visual overview of the commodity market, offering insights into potential price movements. However, it's essential to note that this information should not be used as a reference for making investment decisions without consulting other factors and expert analysis.