Gold order book replay Oct 07: sellers absorbed (short)

Today's gold order book: sellers absorbed 👀

Gold futures (GC), Wed Oct 07, rebuilt order by order from the exchange data:

• 12:34–12:46 ET: sellers hit the bid at 4,133–4,137 (XAUUSD ≈4,107–4,111), 193 contracts net, and price barely moved
• The other side kept absorbing it
• Then gold rallied $20 by 13:12 ET

Big volume, no progress = absorption. Information, not a signal.

Heatmap and DOM rebuilt from real MBO data. Education only, not financial advice.