Gold prices trading upward yesterday and managed to close the day higher. However, the upward movement has no strong momentum and we might see further consolidation. The same as yesterday, traders will continue waiting for momentum movement and price close either above daily SMA 200 or below $1,680 to confirm the next long-term direction. Today critical levels to watch: Support: $1,700, $1,680 Resistance: $1,780, $1,800, $1,850 {chart} The consolidation in silver prices is set to continue as the price continues making neutral closes. We will continue waiting for either a close above the yellow box area or below ... (full story)