Intraday. Commodities

Gold

Price is following 252days cycle, which suggests further decline till the end of the week.

EWA suggests renewal of local low with 4-5 waves series.

Silver

Bearish phase is supported by both Q-Sp and annual cycle lines. However, annual cycle confirms current decline till the end of the week, while from the next TU-WD corrective bullish bounce is expected.

Any new low may resulted into wave i accomplishment:

NG

NG is clearly following 116days cycle, according which bullish turn is expected in the middle of Oct.

Annual cycle suggest start of bullish turn from the next week:

Any new low will accomplish wave A of triangle

US Oil

Price is still into bullish phase of both Q-Sp and annual cycle lines till the next TU. Pay attention that this comes along with DX turn expectations.

It is reasonable to wave more sustainable corrective bullish bounce to start looking for bearish opportunities.

Copper

A short-run cutback till the end of the week is expected. Yet, keep in mind that Q-Sp projection is still bullish. It means that from beginning of Oct considerable bullish correction is expected.

As it was projected bearish turn from ending diagonal started.

Soybean

Still into bullish phase:

One more bullish spike is expected to complete wave 1.

Corn

Bullish turn is expected soon which might be corrective toward current decline. More considerable bearish turn is expected in Oct.

It is highly probable that price turned down into a middle-run correction with targets below wave B low.

Coffee

Still bearish, but bullish turn is expected from the next MO:

Though annual cycle suggests bullish turn from TU-WD this week:

Bullish turn into corrective wave b is expected

Sugar

Price stays into bullish phase till the middle of Oct:

It is reasonable to start looking for bearish opportunities with targets below wave A low. Yet, wave B might be not complete and developed further till the middle of Oct.