#XAUUSD #GOLD Last Friday, gold prices reached a new high, briefly touching around $4549, before retreating to around $4509. The fact that gold prices did not fall below the $4500 mark indicates that the bullish trend remains strong. The key resistance level to watch is $4550. If this resistance level holds, the next target could be the $4580 to $4600 range. However, if gold prices break below this resistance level, a bearish divergence could occur, triggering a correction.