New All-Time Highs on Gold as Bullish Momentum Accelerates
22 December 2025
In today’s technical analysis, let’s take a look at gold, which delivered a major bullish signal during the Asian session by printing new all-time highs. Price successfully broke above the October highs and entered price discovery mode, confirming that buyers remain firmly in control. The move above the psychological barrier of $4,400 per ounce is particularly important, as it often attracts momentum traders and reinforces bullish sentiment.
From a technical perspective, the structure remains clearly positive. The market is producing higher highs and higher lows, and there are currently no bearish reversal patterns visible on the chart. Pullbacks remain shallow, which suggests strong demand and limited profit-taking. This kind of behavior usually accompanies the strongest phases of an uptrend.
At this stage, the only realistic signal that could threaten the bullish outlook would be a decisive break below the black uptrend lines, which are currently supporting the entire recent advance. As long as these trend-defining supports remain intact, sentiment on gold stays firmly bullish, and traders should continue to treat the trend as up rather than trying to anticipate a top prematurely.