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 planning 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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Metals prices this morning are higher: ?GCZ5 +0.8 (+0.07%), SIU5 +0.134 (+0.95%), HGU5 +0.044 (+1.96%). ?Wednesday's closes: GCZ5 -13.7 (-1.20%), SIU5 -0.569 (-3.89%), HGU5 -0.0655 (-2.83%). ?Metals prices on Wednesday closed lower with Sep silver at a 6-year low. ?Metals prices were undercut by a stronger dollar, reduced safe-haven demand for precious metals after stocks rallied, and increased copper supplies after LME copper inventories soared +13,475 MT to a 1-1/2 year high of 369,025 MT.