Nadex calculates prices for commodities using a continuously updated average of recent prices, called the indicative price. This price is designed to indicate the current market price in a way that's useful for traders. Nadex uses the same calculation to calculate the expiration value of its contracts, which is compared to the strike price.
Gold Chart https://www.tradingview.com/symbols/XAUUSD/ Silver Chart https://www.tradingview.com/symbols/XAGUSD/ Natural Gas Chart https://www.tradingview.com/symbols/UNGUSD/ Crude Oil Chart https://www.tradingview.com/symbols/USOUSD/ (Click on the "Full Chart" tab or the "Fullscreen mode" option.)
Wednesday | July 2, 2025 As I typed in my thread on trading the major USA indices, as of today, I'm feeling pretty satisfied with the "forecast models" I'm using to day trade foreign currency pairs, so I've come back to this thread I created a little over a year ago to pick up where I left off. My plan is to switch from trading 0.05 lots to 1.0 lots in my Forex account starting next week, so that my daily take will be more in the neighborhood of $235.40 as opposed to a mere $11.77—and to then continue growing my account from there (exponentially?) as I become more adept at applying the culminating iteration of my "Numerical Price Prediction Low-risk High-probability Decision-making Protocol Suite" to Forex trading, God willing. Hopefully, the suite will be just as profitable when applied to commodities. If I notice anything I find helpful, I intend to record it here for future reference, if and when needed.
My "Decision-making Protocol Suite" suggested selling gold, so I'm going to go ahead and pocket my gains right here. This will be the only commodity trade I'm going to make this morning.