Definition
The four prices that sum up any stretch of trading: the first trade (open), the highest (high), the lowest (low) and the last (close).
The story
A day of gold trading might read: open $4,000, high $4,050, low $3,980, close $4,030 (example numbers). Candlestick and bar charts are simply drawings of these four prices. For futures, the official end-of-day price is the settlement price, which can differ slightly from the last trade.
Why you'll see it
Almost every chart and price table is built on these four numbers.
Connects to
We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice. All terms