🟡 Evening Update: Gold Price Extends Gains as Bullish Momentum Holds

December 18, 2025 · By sheploocloud@gmail.com · In Crypto analysis

Date: December 17, 2025
Time: 10:38 PM ET (U.S. Evening Update)

Gold (XAU/USD) advanced during its latest intraday trading session, supported by renewed positive momentum signals and continued dynamic support above the 50-period Simple Moving Average (SMA). Price action remains firmly aligned with a short-term bullish trend, trading along a rising trendline that continues to guide the market higher.

🔍 Technical Outlook

From a technical standpoint, gold’s ability to maintain trading above the 50-period SMA reinforces the prevailing bullish bias. The market appears to be absorbing recent gains in a healthy manner rather than showing signs of exhaustion.

  • Holding above the moving average keeps the upside scenario intact
  • A break below the supporting trendline could signal a short-term correction

📈 Momentum Signals

🚨 Major market forecast Experts say gold could hit $5,000
gold could hit $5,000

Momentum indicators, particularly the RSI, continue to deliver positive readings, confirming improving buying pressure and suggesting further upside potential if current conditions persist.

🧭 Near-Term Outlook

As long as gold remains supported above key technical levels, the outlook stays constructively bullish, with buyers maintaining control in the near term.

⚠️ Disclaimer

This analysis is for informational purposes only and does not constitute investment advice. Trading gold involves risk, and market conditions can change rapidly.

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