Investezo › Big weekend gaps › 4 Mar 2022
Gold weekend gap after Friday 4 Mar 2022: +0.55%
Gold's last hourly close on Friday 4 Mar 2022 was US$1,969.74. After 50 hours with no bars it reopened at US$1,980.67, 0.5549% higher. That makes it the 24th largest of the 499 weekend gaps from 2015 to 2024 in this data, and it was filled after 14 hours.
The gap in numbers
| Friday's last hourly bar | Fri 4 Mar 2022 23:00 |
| Friday's last hourly close | US$1,969.74 |
| First hourly bar after the weekend | Mon 7 Mar 2022 01:00 |
| Reopen price (first hourly open) | US$1,980.67 |
| Gap | +0.5549% · US$10.93 |
| Hours with no bars | 50 |
| Rank among 499 weekend gaps 2015–2024 (by size) | 24th |
| Rank among the 49 gaps of 2022 | 2nd |
| Gold in the week before (Friday close vs Friday a week earlier) | +4.32% |
Did the gap fill?
Yes. Price first traded back to Friday's close of US$1,969.74 in the hourly bar of Mon 7 Mar 2022 15:00, 14 hours after the reopen. Up to that bar, the furthest point away from Friday's close was US$2,002.61 (+1.67%).
The first trading day after the gap
Daily bar for 7 Mar 2022: open US$1,980.67, high US$2,002.61, low US$1,961.03, close US$1,997.24. Close to close against Friday's daily close of US$1,969.74 that is +1.4%, with US$41.58 between high and low.
Hourly bars around the gap
| Bar (data time) | Open | High | Low | Close |
|---|---|---|---|---|
| Fri 4 Mar 2022 18:00 (before) | US$1,957.91 | US$1,965.71 | US$1,956.62 | US$1,962.70 |
| Fri 4 Mar 2022 19:00 (before) | US$1,962.65 | US$1,965.36 | US$1,960.03 | US$1,962.12 |
| Fri 4 Mar 2022 20:00 (before) | US$1,962.12 | US$1,966.47 | US$1,960.80 | US$1,965.12 |
| Fri 4 Mar 2022 21:00 (before) | US$1,965.24 | US$1,969.96 | US$1,964.54 | US$1,967.06 |
| Fri 4 Mar 2022 22:00 (before) | US$1,966.99 | US$1,970.19 | US$1,965.19 | US$1,967.33 |
| Fri 4 Mar 2022 23:00 (before) | US$1,967.30 | US$1,970.16 | US$1,965.52 | US$1,969.74 |
| Mon 7 Mar 2022 01:00 | US$1,980.67 | US$1,991.38 | US$1,980.67 | US$1,988.73 |
| Mon 7 Mar 2022 02:00 | US$1,988.73 | US$1,990.37 | US$1,987.00 | US$1,988.11 |
| Mon 7 Mar 2022 03:00 | US$1,988.24 | US$2,000.93 | US$1,987.96 | US$1,997.76 |
| Mon 7 Mar 2022 04:00 | US$1,997.79 | US$1,998.21 | US$1,986.86 | US$1,986.98 |
| Mon 7 Mar 2022 05:00 | US$1,987.10 | US$1,990.61 | US$1,984.89 | US$1,990.10 |
| Mon 7 Mar 2022 06:00 | US$1,990.12 | US$1,991.45 | US$1,987.43 | US$1,989.61 |
| Mon 7 Mar 2022 07:00 | US$1,989.61 | US$1,989.93 | US$1,983.15 | US$1,983.61 |
| Mon 7 Mar 2022 08:00 | US$1,983.58 | US$1,985.27 | US$1,976.06 | US$1,983.20 |
| Mon 7 Mar 2022 09:00 | US$1,983.14 | US$1,993.27 | US$1,979.27 | US$1,992.96 |
| Mon 7 Mar 2022 10:00 | US$1,992.98 | US$1,998.54 | US$1,989.24 | US$1,996.53 |
| Mon 7 Mar 2022 11:00 | US$1,996.67 | US$2,001.41 | US$1,993.53 | US$1,997.99 |
| Mon 7 Mar 2022 12:00 | US$1,997.99 | US$2,002.61 | US$1,995.67 | US$2,002.44 |
Context
2022 had 49 weekend gaps in this data; this was the 2nd largest. More numbers for that time: gold in March 2022 and gold in 2022.
What a gap like this means for an open trade
No price traded between US$1,969.74 and US$1,980.67, so a stop or pending order set inside that band was filled at the reopen price instead. The jump was US$10.93 per ounce; at 100 ounces, a common size for one gold lot, that is US$1,093.00, 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$10.93 in the grid calculator to see what it does to your own lot and spacing.
Questions
How big was gold's weekend gap after 4 Mar 2022?
+0.5549% (US$10.93): Friday's last hourly close was US$1,969.74 and the first hourly open after the weekend was US$1,980.67.
Did the gap after 4 Mar 2022 fill?
Yes, 14 hours after the reopen.
How rare was this gap?
It was the 24th largest of 499 weekend gaps from 2015 to 2024 and the 2nd largest of 49 in 2022.