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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Metals prices this morning are higher: GCZ4 +2.6 (+0.22%), SIZ4 +0.118 (+0.73%), HGZ4 +0.042 (+1.37%). Metals prices on Thursday closed lower. Closes: GCZ4 -3.0 (-0.25%), SIZ4 -0.064 (-0.39%), HGZ4 -0.0255 (-0.84%). Bearish factors included () a stronger dollar, and (2) global growth concerns that may lead to reduced demand for industrial metals after the China Nov HSBC manufacturing PMI fell to a 6-month low and the Eurozone Nov composite PMI slid to a 16-month low.