Gold gaps

Discussion in 'Commodity Futures' started by Vortex, Apr 30, 2012.

  1. Vortex

    Vortex

    Hi!

    I am currently doing testing of our system for gold futures (GC). I have noticed something strange and want to check if what I am seeing is correct:

    The data I am using is the combined session which I assume is open outcry and electronic trading on CME. The trading times listed clearly shows that gold is practically trading almost 24 hours, with a mere 45 minutes break. Why on earth are there at times significant gaps during that period? I understand gaps over weekends, but what could possibly happen in the world that would result in such agressive gaps for only 45 minutes?

    I do see and acknowledge that it has been happening less in the last 3 or 4 years, but this was very much the case in 2005 and 2006. Any reason for this?

    Thanks for your thoughts!
     
  2. ============
    V tex;
    Lower volume makes TA less helpful/relaible[its called noise];
    as the saying goes in premarket/irregular hours ''which way do you want it to go''LOL:D Perhaps a graph /chart would help