Gold prices losing the bullish pressure and looks to start moving lower again below the $4,000 handle. We expect gold prices to continue the bearish correction toward the green box area or around $3,720 – $3,850. When the price manages to reach the area and produce bullish reactions, traders could start scaling in long positions. The key is waiting for the formation of swing low before jump in long positions. Today’s critical levels to watch: Support: $4,000, $3,835 Resistance: $4,200 Silver prices make a similar move as gold prices, where it resumes the bearish movement. On the lower side, we expect the price to ... (full story)