Question

COMMODITIES Markets LAST CHANGE %CHG are.. Crude Oil Futures 40.20 0.28 0.70 Brent Crude Futures 43.53 0.28 0.65 Gold Futures 1953,30 11.00 0.57 Silver Futures 23.455 0.093 0.40

Can you help me to interpret in detail what exactly this chart is telling? What is happening in the market?

Answer 1

This chart is reflecting that commodities market are having a green day and it is all upside and they are indicating that traders are indicating a positive momentum in commodities market which will be helpful in order to make money for those traders who are long in the markets.

When the crude oil futures and the Brent crude futures are concerned, they are representing the oil futures and they are green and it will mean that all market is having a strong positive sentiment in today's trading and it is reflecting a greener day and it is creating money for those investors who have taken position in the long side.

Gold futures are also reflecting a greener day because gold has almost changed .50% and it means that it would as a commodity is also having a greener day and it is rewarding those traders who have taken the bullish position earlier in the day.

Silver future commodities are also reflecting that traders are having a bullish sentiment as it is also trading in a greener side and it is also rewarding those traders who are possibly Long on silver futures since previous day.

so it can be seen that commodities market are having a greener day and it is rewarding the traders on the long side.