Intraday. Commodities

GOLD

We have double bearish ZZ confirmed by cycles projection line.

The target is to catch green ZZ upper marker. I placed two orders at crucial levels of minimal rising structures:

SILVER

It's time to turn bearish. If price drops without new high, then it turns bearish both ZZs green and blue ones.

I place sell stop order at confirmation level 26.47 of green ZZ:

CRUDE OIL

Blue ZZ is still bullish while 38.72 holds. Moreover, bullish TP is coming on MO.

NG

All ZZs are bullish yet. TPA module haven't yet determine low marker for green ZZ to enter bearish.

COPPER

ZZ structure is completely bullish with correspondent turning point dated on TH next week.

SOYBEAN

Completely bullish, but fluctuated consolidation or growth is expected till the end of the 1st decade of Sept.

CORN

Turning bullish from the 1st decade of Sept.

COFFEE

Blue ZZ is bullish while dark blue is still bearish. Cycles projection line suggests further decline in accordance with bearish dark blue ZZ. If trading this decline then it is reasonable to enter now with SL at 127.25. After price drops below 111.60 Sl will be shifted to 123.85.

SUGAR

Completely bullish while 11.27 holds. The next bullish turning point is dated to the end of Aug.