Futures Traders: Get FREE daily videos covering today's hottest market
Twenty-five-year commodity market veteran Jim Prince is an expert in the principles of technical trading. Each day Jim reviews the biggest moves in the commodity markets, identifying formations and planking trading strategies. And now, in his free Daily Alert, Jim will share with you his hot pick of the day with an exclusive 3-5 minute video.
With each Daily Alert video Jim reviews first-hand his featured chart of the day, discusses trading strategy, and highlights possible entry and exit points.
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Precious metals prices this morning are mixed. Jun gold is up +8.3 (+0.69%). July silver is up +0.143 (+0.83%). July copper is down -0.025 (-0.88%). Metals prices on Thursday settled mixed: GCM5 -4.6 (-0.38%), SIN5 +0.047 (+0.27%), HGN5 +0.0195 (+0.69%). Gold fell on speculation that the decline in U.S. weekly continuing claims to a 14-1/2 year low will give the Fed impetus to raise interest rates. Copper prices closed higher on signs of tighter supplies after LME copper inventories fell -2,650 MT to 332,225 MT, a 5-week low.