The bearish pressure on gold prices has receded near the $1,780 – $1,800 area. There was a bullish continuation but the price got rejected from the daily SMA 200. At the current time, gold prices seem to range between the $1,780 – $1,800 and the daily SMA 200. Traders will observe the price reaction inside the range for now. As long as there is no lower swing low printed on the chart, there is a chance of bullish continuation. Today critical levels to watch: Support: $1,800, $1,780 Resistance: $1,850, $1,900, $1,953 {chart} The bearish pressure on silver prices managed to push the price down below the $21.35 support ... (full story)