Gold order book replay Oct 12: sellers absorbed

Today's gold order book: sellers absorbed 👀

Gold futures (GC), Mon Oct 12, rebuilt order by order from the exchange data:

• 08:48–09:00 ET: sellers hit the bid at 4,186–4,190 (XAUUSD ≈4,162–4,166), 247 contracts net, and price barely moved
• The other side kept absorbing it
• Then gold rallied $13 by 09:28 ET

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

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