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AcademyTrade publishes education, not brokerage services and not investment advice. Trading can lose the money you deposit. Study the material before you put money in a market.

Commodities

Oil, gold, and crops are priced in contracts. The unit size is part of the lesson.

Commodities are physical goods, but most practice charts show a contract, not a barrel in a warehouse. Each contract has a size. If you skip that number, the distance on the chart lies about the money.

Gold and oil also move when the news is about something other than the metal or the barrel. Read the contract note before you invent a story from one candle.

Commodities · AcademyTrade