Technical analysis by Lingrid about Symbol PAXG: Buy recommendation (12/24/2025)

XAUUSD remains firmly inside a rising channel after breaking above the previous all-time high, with the former resistance now acting as dynamic support. Price recently paused near 4520, but the structure still shows higher highs and higher lows, suggesting continuation rather than distribution. The pullback looks corrective so far, occurring above the ascending trendline and prior breakout zone. If buyers continue to defend the 4,410 area, gold may attempt another expansion toward the 4,600 resistance, where the upper channel boundary aligns with projected extension targets. Momentum conditions still favor upside as long as price holds above the reclaimed trendline. ➡️ Primary scenario: support holds at 4,410 → continuation toward 4,600. ⚠️ Risk scenario: loss of 4,410 could trigger a deeper retracement toward 4,300 before buyers re-engage. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!GOLD continues to trade within a rising structure, with price holding above the former trendline that now acts as dynamic support. The recent breakout was followed by acceptance above the key range signaling that buyers remain in control. As long as price stays supported within the channel, the broader upside scenario remains favored. A brief pullback toward the mid-channel or prior breakout zone could occur, but any shallow retracement may be viewed as a setup for continuation rather than a reversal.