On December 21, 2025 (GMT-5), XAU/USD (spot gold) kept its strong upward charge going—kicking off near $4,346 an ounce, it drifted higher with some intraday ups and downs before hitting a session peak around $4,379 an ounce, and finally closed north of $4,370 an ounce, notching a single-day gain of over 0.7% while trading volume swelled right along with the influx of capital. Looking at the technicals, the daily chart was flashing bullish vibes: moving averages were in a bullish divergence setup, Bollinger Bands were swinging upward, MACD was clinging to bullish momentum, and the 14-period RSI had climbed to 73.95, landing in solidly strong territory. The only red flag? The daily RSI was edging close to the extreme overbought level of 87, hinting that a short-term pullback might be on the cards. As for key levels to watch, supports were anchored in the $4,340–$4,355 FVG gap on the 1-hour chart and the order block near $4,355 on the 4-hour chart, while the upper resistance zone was the $4,381–$4,384 historical high range. This rally wasn’t out of nowhere, either—it was fueled by the Fed’s ongoing rate cut cycle and the loose monetary vibes from its “quasi-QE” moves, plus rising geopolitical tensions like the US-Venezuela standoff and the Russia-Ukraine conflict that cranked up safe-haven demand. On top of that, global central banks’ steady gold buying provided a solid long-term floor, and all these positive factors working together pushed gold prices to hold steady at lofty levels and edge closer to all-time highs. And the outlook for tomorrow? Bullish, with a target price of $4,431.38.
This is just for learning and sharing purposes—not financial advice! Trade at your own discretion, and you’re fully responsible for any gains or losses.