Gold lacks clear direction even as the bulls dominate for the second consecutive week. In doing so, the precious metal depicts sluggish markets amid the absence of Federal Reserve (Fed) talks and a lack of key data on the calendar.
The blame game is going on between Russia and Ukraine over the destruction of the dam in the Russian-controlled territory in Ukraine. The Ukrainian people say the Russians are responsible. The largest nuclear power plant in Europe is not far from the dam, but it is upstream. The market will closely monitor this situation in the coming days.
And today, I will wait for SELL to continue in the upper zones around 1970. And the target is 1950 - 1945. Then the BUY order will be established