Investezo › Big weekend gaps › 21 Apr 2017
Gold weekend gap after Friday 21 Apr 2017: -1.24%
Gold's last hourly close on Friday 21 Apr 2017 was US$1,284.29. After 50 hours with no bars it reopened at US$1,268.39, 1.238% lower. That makes it the 6th largest of the 499 weekend gaps from 2015 to 2024 in this data, and it was not filled that week.
The gap in numbers
| Friday's last hourly bar | Fri 21 Apr 2017 23:00 |
| Friday's last hourly close | US$1,284.29 |
| First hourly bar after the weekend | Mon 24 Apr 2017 01:00 |
| Reopen price (first hourly open) | US$1,268.39 |
| Gap | -1.238% · -US$15.90 |
| Hours with no bars | 50 |
| Rank among 499 weekend gaps 2015–2024 (by size) | 6th |
| Rank among the 49 gaps of 2017 | 1st |
Did the gap fill?
No. In the 115 hourly bars of that trading week price never came back to Friday's close of US$1,284.29. The furthest point in the gap's direction was US$1,260.00 (-1.89% from Friday's close), and the week's last hourly close, Fri 28 Apr 2017 23:00, was US$1,267.99 (-1.27% from Friday's close).
The first trading day after the gap
Daily bar for 24 Apr 2017: open US$1,268.39, high US$1,277.34, low US$1,265.40, close US$1,275.39. Close to close against Friday's daily close of US$1,284.29 that is -0.69%, with US$11.94 between high and low.
Hourly bars around the gap
| Bar (data time) | Open | High | Low | Close |
|---|---|---|---|---|
| Fri 21 Apr 2017 18:00 (before) | US$1,284.04 | US$1,287.23 | US$1,282.30 | US$1,284.47 |
| Fri 21 Apr 2017 19:00 (before) | US$1,284.40 | US$1,286.76 | US$1,284.38 | US$1,286.53 |
| Fri 21 Apr 2017 20:00 (before) | US$1,286.51 | US$1,288.18 | US$1,283.85 | US$1,285.05 |
| Fri 21 Apr 2017 21:00 (before) | US$1,285.06 | US$1,285.86 | US$1,283.60 | US$1,284.53 |
| Fri 21 Apr 2017 22:00 (before) | US$1,284.55 | US$1,285.93 | US$1,283.99 | US$1,284.78 |
| Fri 21 Apr 2017 23:00 (before) | US$1,284.83 | US$1,285.13 | US$1,283.89 | US$1,284.29 |
| Mon 24 Apr 2017 01:00 | US$1,268.39 | US$1,271.17 | US$1,265.40 | US$1,269.09 |
| Mon 24 Apr 2017 02:00 | US$1,269.05 | US$1,274.62 | US$1,268.93 | US$1,274.11 |
| Mon 24 Apr 2017 03:00 | US$1,274.21 | US$1,274.40 | US$1,272.21 | US$1,272.60 |
| Mon 24 Apr 2017 04:00 | US$1,272.50 | US$1,277.34 | US$1,272.50 | US$1,275.86 |
| Mon 24 Apr 2017 05:00 | US$1,275.85 | US$1,276.35 | US$1,273.61 | US$1,274.97 |
| Mon 24 Apr 2017 06:00 | US$1,274.87 | US$1,276.02 | US$1,274.61 | US$1,275.50 |
| Mon 24 Apr 2017 07:00 | US$1,275.51 | US$1,276.37 | US$1,275.10 | US$1,275.20 |
| Mon 24 Apr 2017 08:00 | US$1,275.20 | US$1,275.81 | US$1,271.49 | US$1,272.16 |
| Mon 24 Apr 2017 09:00 | US$1,272.15 | US$1,272.24 | US$1,269.19 | US$1,271.08 |
| Mon 24 Apr 2017 10:00 | US$1,271.13 | US$1,272.97 | US$1,270.93 | US$1,271.52 |
| Mon 24 Apr 2017 11:00 | US$1,271.47 | US$1,272.11 | US$1,270.29 | US$1,270.59 |
| Mon 24 Apr 2017 12:00 | US$1,270.59 | US$1,272.13 | US$1,270.46 | US$1,271.63 |
Context
2017 had 49 weekend gaps in this data; this was the largest. More numbers for that time: gold in April 2017 and gold in 2017.
What a gap like this means for an open trade
No price traded between US$1,268.39 and US$1,284.29, so a stop or pending order set inside that band was filled at the reopen price instead. The jump was US$15.90 per ounce; at 100 ounces, a common size for one gold lot, that is US$1,590.00, 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$15.90 in the grid calculator to see what it does to your own lot and spacing.
Questions
How big was gold's weekend gap after 21 Apr 2017?
-1.238% (-US$15.90): Friday's last hourly close was US$1,284.29 and the first hourly open after the weekend was US$1,268.39.
Did the gap after 21 Apr 2017 fill?
No, not within that trading week; the week's last hourly close was US$1,267.99.
How rare was this gap?
It was the 6th largest of 499 weekend gaps from 2015 to 2024 and the largest of 49 in 2017.