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 higher with Jun gold +2.3 (+0.18%), Jul silver +0.076 (+0.44%), and Jul copper +0.001 (+0.04%). Thursday's closes: Jun gold +1.7 (+0.13%), Jul silver -0.097 (-0.56%), Jul copper -0.0075 (-0.29%). Metals on Thursday settled mixed with Jul silver at a 6-week low. Metals prices were undercut by a stronger dollar and by the weaker-than-expected U.S. Mar durable goods orders report, which signaled reduced industrial metals demand. Gold closed higher after the ECB and BOJ signaled that they will maintain their QE programs.