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.
Enter your e-mail below to view the latest Daily Alert and receive a complimentary PDF on Cycle Trading techniques to find the right conditions for entering the market.
Metals prices this morning are trading lower. GCZ4 -4.2 (-0.34%), SIZ4 -0.077 (-0.44%), HGZ4 -0.008 (-0.27%). Metals prices on Thursday closed lower. Closes: GCZ4 -3.6 (-0.29%), SIZ4 -0.109 (-0.62%), HGZ4 -0.0275 (-0.91%). Bearish factors included (1) the recovery in stocks which reduced the safe-haven demand of gold, and (2) the +3,025 MT surge in LME copper inventories to a 2-3/4 month high of 157,675 MT.