Gold prices have found support at $1,970 - $1,990 as the US dollar has softened post the latest job data. The US Fed's policy meeting is expected to determine whether prices will continue to stay at this level. However, the Emkay report highlighted that the US Fed will most likely take a pause this time and hold interest rates at current levels. The movement of gold prices will be largely determined by the US economy's underlying strength and the action taken by the US Fed, it further said.