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 slightly higher with Aug gold up +2.1 (+0.16%) and Sep silver up +0.022 (+0.10%) but Sep copper is down -0.010 (-0.31%). Metals prices on Tuesday closed mixed: GCQ4 -7.6 (-0.58%), SIU4 -0.012 (-0.06%), HGU4 +0.0090 (+0.28%). Precious metals prices fell on reduced safe-haven demand and the higher dollar index while copper was supported by the rally in global stocks and the stronger-than-expected U.S. existing home sales report.