Gold order book replay Nov 03: buyers absorbed

Today's gold order book: buyers absorbed 👀

Gold futures (GC), Tue Nov 03, rebuilt order by order from the exchange data:

• 09:30–09:42 ET: buyers lifted the offer at 3,955–3,959 (XAUUSD ≈3,941–3,945), 194 contracts net, and price barely moved
• The other side kept absorbing it
• Then gold dropped $26 by 10:28 ET

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

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