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: GCZ4 -4.5 (-0.35%), SIU4 -0.079 (-0.40%), HGU4 +0.015 (+0.46%). Metals prices on Thursday settled mixed with Dec gold at a 1-week high, Sep silver at a 1-1/2 week high and Sep copper at a 1-week low. Gold and silver prices rose on increased safe-haven demand on the escalation of the Ukraine crisis. Copper fell on speculation the European economy may weaken further on concern the EU and U.S. will put additional economic sanctions on Russia. Closes: GCZ4 +6.9 (+0.54%), SIU4 +0.090 (+0.46%), HGU4 -0.0525 (-1.65%).