GOLD (AUG): Gold prices edged down on Monday, taking a breather after a 3-percent rally in the previous session, as the initial euphoria over a euro zone deal to help its debt-laden members gave way to caution over its effectiveness. Spot gold edged down 0.3 percent to $1,592.51 an ounce by 0343 GMT. The precious metal posted a monthly gain of more than 2 percent in June, its first in five months.
US gold futures contract for August delivery lost 0.7 percent to $1,593.20. Resistance and support levels for the today’s session for Gold AUG contract 2012 are: