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The Power of a Momentum Move

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OANDA:XAUUSD   Gold Spot / U.S. Dollar
Never underestimate the power of a momentum move... either up or down!

Because once the momentum train starts going its very hard to stop it and it will keep going much further than most have anticipated so don't be that trader that try to predict the reversal!

This video explains more!
Kommentar:
As the virus begins to spread in Aisa (South Korea, Taiwan, Singapore, Japan and more..) the momentum could SERIOUSLY increase and the fact that we see XAUUSD really pushing up (from no major news) means that the BIG BOYS are buying it early... on the other hand yesterdays big move on indices in the New York sessions also means that some big sellers took positons on shorting DAX, US30 and the rest!

Big days are upon us!

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