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 mostly lower: Dec gold -2.9 (-0.22%), Dec silver -0.154 (-0.77%), Dec copper unchanged. Thursday's closes: Dec gold +13.3 (+1.00%), Dec silver +0.331 (+1.67%), Dec copper +0.0395 (+1.83%). Metals on Thursday closed higher with Dec gold and Dec silver at 2-week highs and Dec copper at a 5-week high. Precious metals prices were boosted by the sell-off in the dollar index to a 1-week low and by the FOMC's dovish decision to back off a rate hike this week.