Gold prices trading lower today after yesterday’s new higher high. The price might be set to start a bearish correction to test the $1,900 and $1,850 levels. When the price manage to reach the level, traders will use the chance to enter long positions on bullish reactions. Today’s critical levels to watch: Support: $1,900, $1,850, $1,800, $1,780, $1,700 Resistance: $1,950 {chart} Despite the bullish pressure in silver prices, it seems the price continues limited between the $23.00 – $23.90 area. There is no major breakout and close outside of the range which means the consolidation will continue. Traders might want ... (full story)