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 are mixed this morning with Dec gold down -2.5 (-0.20%), Dec silver down -0.049 (-0.28%), and Dec copper up +0.011 (+0.51%). Thursday's closes: Dec gold +2.9 (+0.23%), Dec silver +0.013 (+0.07%), Dec copper +0.0181 (+0.84%). Precious metals prices on Thursday closed higher on increased safe-haven demand with the sell-off in stocks. There was also increased demand for precious metals as an inflation-hedge after the 10-year inflation expectations rate rose to a 1-1/4 year high of 1.75%.