Nanex Research

Nanex ~ 17-Oct-2013 ~ Give me all your Gold, Now!

The morning of October 17, 2013 began with a series of large immediate buy orders of 1,000 or more Gold futures contracts that took out all sell orders $5 to $12 higher. The surges were not enough to trigger the exchange's stop market logic as one did on October 11, 2013. We not yet sure if there is any relationship with the aggressive trading we spotted two days earlier.

1. December 2013 Gold (GC) Futures Depth of Book (how to read).

2. Tick Chart Zoom 1.

3. Tick Chart Zoom 2.

4. Tick Chart Zoom 3.

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