This is another of those spelling conundrums. Should it be smolder or smoulder?
The answer is that both are correct.
Smolder is the USA spelling of smoulder, which is used in British and Australian English.
The Macquarie dictionary definition of smoulder (smolder) is:
- to burn or smoke without a flame.
- to exist or continue in a suppressed state or without outward demonstration.
- to display repressed feelings, especially of indignation: his eyes smouldered.
- dense smoke resulting from slow or suppressed combustion.
- a smouldering fire.
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