Glossary · L
What is London session?
The part of the gold day from about 03:00 ET, when London, the centre of the physical gold market, is active. The London–New York overlap is usually the most active part of the day.
In context
The United States and the United Kingdom do not change their clocks on the same dates. For a few weeks each year, in March and in October/November, the gap between London and New York shifts by one hour. An IB defined in New York time stays fixed in New York time, but its relationship to the London session changes during those weeks. Keep this in mind when comparing days around those dates.
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