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 weaker: GCZ5 -1.9 (-0.17%), SIZ5 -0.052 (-0.35%), HGZ5 -0.040 (-1.68%). Thursday's closes: GCZ5 -9.1 (-0.80%), SIZ5 +0.040 (+0.27%), HGZ5 +0.0550 (+2.36%). Metals prices on Thursday settled mixed. Precious metals prices were undercut by the rally in the dollar index to a 2-week high and by strength in stock prices that dampened safe-haven demand. Dec copper rose to a 3-week high on hopes that the ECB might move towards more stimulus down the road.