Gold Price edges lower, near June Low!!!
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The price of Gold edges lower as the NFP result came out during the US opening today. As stated in my last article, GOLD UNDER PRESSURE, that the price of Gold might make a new low if the support at 1810 gets broken. The support at 1810 finally got breached on yesterday, Thursday, as market awaits the NFP result today.
Aggressive sellers have stepped in as the buyers couldn't break the 1830 resistance level. The price of Gold is trading at 1774 as at publishing time and might continue to edge lower next week.
Price is getting the June lowest price, 1750 and if gets broken, we might see the price of the precious metal at 1700 before the end of the August.
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