An extended theory of the mutually modulated cross-gain modulation was developed to make it valid under considerable modulated wavenumber-interaction length product. Parametric analysis of the extended theory shows that, in the modulated probe beam out of the gain medium, the spectral sensitivity of the first harmonic wave is associated with its amplitude. The larger the sensitivity is, the smaller the amplitude will be. An effective method was provided to monitor and achieve high spectral sensitivity at a pre-selected frequency detuning in practice. The validity of the extended theory was confirmed by a sensing experiment in a piece of ∼10-km fiber with 10 kHz modulation frequency, in which a fast light propagation with a sensitivity of 0.592 mrad/kHz was achieved.