Gold order book replay Oct 21: sellers absorbed

Today's gold order book: sellers absorbed 👀

Gold futures (GC), Wed Oct 21, rebuilt order by order from the exchange data:

• 08:31–08:43 ET: sellers hit the bid at 4,142–4,146 (XAUUSD ≈4,124–4,128), 380 contracts net, and price barely moved
• The other side kept absorbing it
• Then gold rallied $17 by 09:21 ET

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

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