Investezo › Big weekend gaps › 26 Jun 2015
Gold weekend gap after Friday 26 Jun 2015: +0.94%
Gold's last hourly close on Friday 26 Jun 2015 was US$1,175.18. After 50 hours with no bars it reopened at US$1,186.25, 0.942% higher. That makes it the 10th largest of the 499 weekend gaps from 2015 to 2024 in this data, and it was filled after 15 hours.
The gap in numbers
| Friday's last hourly bar | Fri 26 Jun 2015 23:00 |
| Friday's last hourly close | US$1,175.18 |
| First hourly bar after the weekend | Mon 29 Jun 2015 01:00 |
| Reopen price (first hourly open) | US$1,186.25 |
| Gap | +0.942% · US$11.07 |
| Hours with no bars | 50 |
| Rank among 499 weekend gaps 2015–2024 (by size) | 10th |
| Rank among the 50 gaps of 2015 | 1st |
| Gold in the week before (Friday close vs Friday a week earlier) | -2.08% |
Did the gap fill?
Yes. Price first traded back to Friday's close of US$1,175.18 in the hourly bar of Mon 29 Jun 2015 16:00, 15 hours after the reopen. Up to that bar, the furthest point away from Friday's close was US$1,187.90 (+1.08%).
The first trading day after the gap
Daily bar for 29 Jun 2015: open US$1,186.25, high US$1,187.90, low US$1,173.76, close US$1,179.32. Close to close against Friday's daily close of US$1,175.18 that is +0.35%, with US$14.14 between high and low.
Hourly bars around the gap
| Bar (data time) | Open | High | Low | Close |
|---|---|---|---|---|
| Fri 26 Jun 2015 18:00 (before) | US$1,171.63 | US$1,173.63 | US$1,171.12 | US$1,173.03 |
| Fri 26 Jun 2015 19:00 (before) | US$1,173.13 | US$1,174.82 | US$1,172.39 | US$1,174.47 |
| Fri 26 Jun 2015 20:00 (before) | US$1,174.42 | US$1,174.93 | US$1,173.74 | US$1,174.64 |
| Fri 26 Jun 2015 21:00 (before) | US$1,174.65 | US$1,174.80 | US$1,173.37 | US$1,173.81 |
| Fri 26 Jun 2015 22:00 (before) | US$1,173.81 | US$1,175.10 | US$1,173.81 | US$1,174.30 |
| Fri 26 Jun 2015 23:00 (before) | US$1,174.24 | US$1,175.20 | US$1,173.96 | US$1,175.18 |
| Mon 29 Jun 2015 01:00 | US$1,186.25 | US$1,187.90 | US$1,181.73 | US$1,185.05 |
| Mon 29 Jun 2015 02:00 | US$1,185.05 | US$1,187.40 | US$1,183.15 | US$1,185.46 |
| Mon 29 Jun 2015 03:00 | US$1,185.42 | US$1,187.03 | US$1,184.39 | US$1,185.46 |
| Mon 29 Jun 2015 04:00 | US$1,185.46 | US$1,185.86 | US$1,179.83 | US$1,181.25 |
| Mon 29 Jun 2015 05:00 | US$1,181.17 | US$1,182.66 | US$1,181.04 | US$1,182.32 |
| Mon 29 Jun 2015 06:00 | US$1,182.31 | US$1,182.77 | US$1,181.29 | US$1,181.90 |
| Mon 29 Jun 2015 07:00 | US$1,181.90 | US$1,183.30 | US$1,181.57 | US$1,182.52 |
| Mon 29 Jun 2015 08:00 | US$1,182.51 | US$1,184.68 | US$1,182.48 | US$1,184.02 |
| Mon 29 Jun 2015 09:00 | US$1,184.00 | US$1,184.87 | US$1,180.61 | US$1,181.03 |
| Mon 29 Jun 2015 10:00 | US$1,181.03 | US$1,181.52 | US$1,177.18 | US$1,177.97 |
| Mon 29 Jun 2015 11:00 | US$1,177.93 | US$1,179.73 | US$1,177.24 | US$1,178.42 |
| Mon 29 Jun 2015 12:00 | US$1,178.33 | US$1,179.60 | US$1,176.07 | US$1,176.32 |
Context
2015 had 50 weekend gaps in this data; this was the largest. More numbers for that time: gold in June 2015 and gold in 2015.
What a gap like this means for an open trade
No price traded between US$1,175.18 and US$1,186.25, so a stop or pending order set inside that band was filled at the reopen price instead. The jump was US$11.07 per ounce; at 100 ounces, a common size for one gold lot, that is US$1,107.00, before any further move. A grid or martingale EA that holds trades over the weekend takes the full gap at once. You can enter US$11.07 in the grid calculator to see what it does to your own lot and spacing.
Questions
How big was gold's weekend gap after 26 Jun 2015?
+0.942% (US$11.07): Friday's last hourly close was US$1,175.18 and the first hourly open after the weekend was US$1,186.25.
Did the gap after 26 Jun 2015 fill?
Yes, 15 hours after the reopen.
How rare was this gap?
It was the 10th largest of 499 weekend gaps from 2015 to 2024 and the largest of 50 in 2015.