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 mixed: GCZ5 -3.7 (-0.33%), SIZ5 +0.037 (+0.24%), HGZ5 +0.017 (+0.73%). Friday's closes: GCZ5 +22.9 (+2.06%), SIZ5 +0.724 (+4.99%), HGZ5 +0.0210 (+0.91%). Metals prices on Friday closed higher on the fall in the dollar index to a 1-1/2 week low after the smaller-than-expected increase U.S. Sep non-farm payrolls reduced the chances of a Fed rate hike this year. Copper prices were boosted by the -975 MT decline in LME copper inventories to a 3-month low of 319,425 MT.