Gold order book replay Oct 28: sellers absorbed

Today's gold order book: sellers absorbed 👀

Gold futures (GC), Wed Oct 28, rebuilt order by order from the exchange data:

• 14:14–14:26 ET: sellers hit the bid at 4,042–4,046 (XAUUSD ≈4,023–4,027), 148 contracts net, and price barely moved
• The other side kept absorbing it
• Then gold rallied $48 by 16:00 ET

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

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