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 are lower this morning on reduced safe-haven demand with Aug gold down -1.1 (-0.10%) and Sep silver down -0.042 (-0.29%). Copper is slightly higher by +0.001 (+0.04%) on relief about today's upward rebound in Chinese stocks. Tuesday's closes: GCQ5 -0.2 (-0.02%), SIU5 +0.037 (+0.25%), HGU5 +0.0490 (+2.08%). Gold prices closed slightly lower on Tuesday on the stronger dollar, but copper rallied as global stocks rebounded.