Investezo › Big weekend gaps › 25 Feb 2022
Gold weekend gap after Friday 25 Feb 2022: +1.67%
Gold's last hourly close on Friday 25 Feb 2022 was US$1,888.25. After 50 hours with no bars it reopened at US$1,919.79, 1.6703% higher. That makes it the 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 25 Feb 2022 23:00 |
| Friday's last hourly close | US$1,888.25 |
| First hourly bar after the weekend | Mon 28 Feb 2022 01:00 |
| Reopen price (first hourly open) | US$1,919.79 |
| Gap | +1.6703% · US$31.54 |
| Hours with no bars | 50 |
| Rank among 499 weekend gaps 2015–2024 (by size) | 1st |
| Rank among the 49 gaps of 2022 | 1st |
| Gold in the week before (Friday close vs Friday a week earlier) | -0.48% |
Did the gap fill?
No. In the 115 hourly bars of that trading week price never came back to Friday's close of US$1,888.25. The furthest point in the gap's direction was US$1,970.19 (+4.34% from Friday's close), and the week's last hourly close, Fri 4 Mar 2022 23:00, was US$1,969.74 (+4.32% from Friday's close).
The first trading day after the gap
Daily bar for 28 Feb 2022: open US$1,919.79, high US$1,926.69, low US$1,890.86, close US$1,908.26. Close to close against Friday's daily close of US$1,888.25 that is +1.06%, with US$35.83 between high and low.
Hourly bars around the gap
| Bar (data time) | Open | High | Low | Close |
|---|---|---|---|---|
| Fri 25 Feb 2022 18:00 (before) | US$1,889.31 | US$1,890.48 | US$1,883.26 | US$1,884.41 |
| Fri 25 Feb 2022 19:00 (before) | US$1,884.41 | US$1,888.38 | US$1,883.06 | US$1,887.37 |
| Fri 25 Feb 2022 20:00 (before) | US$1,887.37 | US$1,889.40 | US$1,885.77 | US$1,886.63 |
| Fri 25 Feb 2022 21:00 (before) | US$1,886.63 | US$1,890.91 | US$1,886.63 | US$1,890.63 |
| Fri 25 Feb 2022 22:00 (before) | US$1,890.63 | US$1,892.88 | US$1,889.42 | US$1,890.69 |
| Fri 25 Feb 2022 23:00 (before) | US$1,890.67 | US$1,890.93 | US$1,886.73 | US$1,888.25 |
| Mon 28 Feb 2022 01:00 | US$1,919.79 | US$1,926.69 | US$1,904.23 | US$1,910.15 |
| Mon 28 Feb 2022 02:00 | US$1,910.06 | US$1,919.36 | US$1,907.28 | US$1,917.50 |
| Mon 28 Feb 2022 03:00 | US$1,917.50 | US$1,917.60 | US$1,906.09 | US$1,913.29 |
| Mon 28 Feb 2022 04:00 | US$1,913.29 | US$1,913.49 | US$1,908.51 | US$1,909.48 |
| Mon 28 Feb 2022 05:00 | US$1,909.48 | US$1,910.65 | US$1,904.58 | US$1,907.41 |
| Mon 28 Feb 2022 06:00 | US$1,907.38 | US$1,911.59 | US$1,906.07 | US$1,911.12 |
| Mon 28 Feb 2022 07:00 | US$1,911.12 | US$1,911.89 | US$1,906.13 | US$1,908.02 |
| Mon 28 Feb 2022 08:00 | US$1,908.02 | US$1,910.05 | US$1,906.87 | US$1,908.70 |
| Mon 28 Feb 2022 09:00 | US$1,908.70 | US$1,908.85 | US$1,893.16 | US$1,896.40 |
| Mon 28 Feb 2022 10:00 | US$1,896.33 | US$1,902.05 | US$1,894.82 | US$1,900.34 |
| Mon 28 Feb 2022 11:00 | US$1,900.33 | US$1,901.97 | US$1,898.47 | US$1,899.60 |
| Mon 28 Feb 2022 12:00 | US$1,899.61 | US$1,908.95 | US$1,898.84 | US$1,906.46 |
Context
2022 had 49 weekend gaps in this data; this was the largest. More numbers for that time: gold in February 2022 and gold in 2022.
What a gap like this means for an open trade
No price traded between US$1,888.25 and US$1,919.79, so a stop or pending order set inside that band was filled at the reopen price instead. The jump was US$31.54 per ounce; at 100 ounces, a common size for one gold lot, that is US$3,154.00, 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$31.54 in the grid calculator to see what it does to your own lot and spacing.
Questions
How big was gold's weekend gap after 25 Feb 2022?
+1.6703% (US$31.54): Friday's last hourly close was US$1,888.25 and the first hourly open after the weekend was US$1,919.79.
Did the gap after 25 Feb 2022 fill?
No, not within that trading week; the week's last hourly close was US$1,969.74.
How rare was this gap?
It was the largest of 499 weekend gaps from 2015 to 2024 and the largest of 49 in 2022.