Forex Trading : Gold is trading unchanged ahead of US jobs report in the private sector

Forex Trading : There has been little effect on gold futures during the day Wednesday to change, as market participants awaited the release of key reports from the United States, in search of other indicators on the strength of the economy and the future path of monetary policy.On the Comex division of the New York Mercantile Exchange, gold fell June delivery increased by 60 cents or the equivalent of 0.05%, to trade at $ 1,182.60 a troy ounce during European morning trade. The prices traded in a narrow range between 1,181.90 and $ 1,188.80 per ounce range.In the previous day's gold record of $ 1,178.20 per ounce, the lowest price since March 20 / March before ending the session at $ 1,183.20 per ounce, down by 2.10 cents, or equivalent to 0.18%.And was likely to find support gold at $ 1,168.70 per ounce, the lowest price since March 20 / March, and resistance at $ 1,199.60 per ounce the highest price since March 30 / MarchInvestors are awaiting the release of US non-farm payrolls report to be issued on Friday in search of other indicators on the course of monetary policy.During the later of the day the United States will publish a report on jobs in the private sector.It was likely that the US jobs report adds to speculation about the timing of the start of the Federal Reserve to raise interest rates, while the decline in the numbers could boost gold by weakening the argument to raise interest rates.