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Gold prices have been hovering around 4490 these past two days, and the bulls are still quite strong. Based on tonight's trend, breaking 4500 is basically a certainty. If there's a pullback, it would be to the 4470-4475 level, with about an 8-point tolerance. If that can't hold, look for opportunities around 4445-50. Going higher, 4520-25 is the real breakout target. In simple terms, the gold price is accumulating bullish momentum. As long as there are no black swan events tonight to disrupt the market, this rally is unlikely to be derailed. Short-term traders should pay attention to these key levels.