Gold order book replay Oct 19: buyers absorbed

Today's gold order book: buyers absorbed 👀

Gold futures (GC), Mon Oct 19, rebuilt order by order from the exchange data:

• 08:38–08:50 ET: buyers lifted the offer at 4,181–4,185 (XAUUSD ≈4,162–4,166), 173 contracts net, and price barely moved
• The other side kept absorbing it
• Then gold dropped $24 by 09:48 ET

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

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