Intraday. Commodities

GOLD

Bearish consolidation is expected till WD.

L-1 dark blue ZZ status is pending, while L-2 blue ZZ is bullish, further development of which is expected.

SILVER

Bearish turn is expected on TU.

ZZ structure is similar to the one in Gold. L-1 dark blue ZZ status is pending, while L-2 blue ZZ is bullish. It is reasonable to wait for price drop to bullish CIT point level 26.50 prior start selling.

US OIL

Bearish turn is expected today till WD.

All ZZs are still bullish. Thus, further increase is expected.

NATGAZ

Bearish turn is expected on late TU.

All ZZs are still bullish, thus, further increase is expected prior bearish turn.

COPPER

We probably have an interim cutback from this WD till the next WD prior further growth.

Currently all ZZs are bullish, but it is reasonable to expect green ZZ turn bearish to develop corrective cutback for blue ZZ.

SOYBEAN

Corrective cutback is expected from the second half of the week prior further growth.

All ZZs are bullish.

CORN

Bearish turn till WD this week at least is expected

All ZZ are bullish. Thus, after cutback is accomplished further growth is expected.

COFFEE

Bearish turn is expected from MO till the middle of Sept at least.

L-2 blue ZZ is bullish, L-1 dark blue ZZ is still bearish, but price has almost reached its latest bearish CIT. Thus, after corrective cutback accomplished by the middle of the month, both ZZs may turn bullish.

SUGAR

Corrective consolidation might proceed till the middle of Sept prior further growth

Both ZZs are bullish, so current cutback is an opportunity for long positions trading.