Gold concentrates its range into the London open and the 13:00 to 16:30 UTC London/New York overlap, and collapses between 21:00 and 23:00 UTC.
Each hour is priced in dollars per ounce and in cash, so a stop can be sized against the hour it will live through.
Sizing a stop without knowing the hour it will live through is one of the most common reasons a gold stop is hit before the idea is wrong. The heatmap shades every UTC hour and weekday by modelled average range, so an invalidation level can be set against the volatility actually on offer.
GoldHunts — the AI-powered gold trading operating system.