Gold price trades back and forth as investors are sidelined ahead of the US NFP report. The precious metal struggles to deliver a decisive move as the labor market report will set a fresh undertone for the Federal Reserve’s September monetary policy. Gold price oscillates in a narrow range above the crucial support of $1,930.00 as investors await US NFP for further guidance. The precious metal is exposed to the further downside amid a breakdown of the Head and Shoulders chart pattern on a smaller time frame. The yellow metal trades below the 20 and 50-day Exponential Moving Averages (EMAs), which portrays a bearish trend.
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