Gold order book replay Oct 14: sellers absorbed

Today's gold order book: sellers absorbed 👀

Gold futures (GC), Wed Oct 14, rebuilt order by order from the exchange data:

• 12:59–13:11 ET: sellers hit the bid at 4,101–4,105 (XAUUSD ≈4,079–4,083), 296 contracts net, and price barely moved
• The other side kept absorbing it
• Then gold rallied $12 by 13:32 ET

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

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