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 this morning are mixed: Dec gold -1.5 (-0.11%), Dec silver +0.045 (+0.23%), Dec copper +0.014 (+0.62%). Tuesday's closes: Dec gold -13.7 (-1.02%), Dec silver -0.431 (-2.20%), Dec copper -0.0275 (-1.25%). Metals on Tuesday closed lower with Dec silver at a 1-week low. Metals prices were undercut by a stronger dollar and by reduced safe haven demand for precious metals with the rally in stocks. Copper was undercut by the +7,350 MT increase in LME copper inventories to a 2-3/4 year high of 371,475 MT.