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 lower: GCJ6 -6.2 (-0.52%), SIH6 -0.066 (-0.43%), HGH6 -0.043 (-2.03%). Monday's closes: GCJ6 +40.2 (+3.47%), SIH6 +0.648 (+4.38%), HGH6 -0.0125 (-0.59%). Metals on Monday settled mixed. Apr gold posted a 7-1/2 month high and Mar silver posted a 3-month high. Metals prices were boosted by a weaker dollar and the plunge in global equity markets that boosted the safe-haven demand of precious metals. Copper prices fell on concern a global economic slowdown will further reduce demand for copper.