Will gold correct before continuing its upward trend? 29/12/2025GoldOANDA:XAUUSDAstronautPioneer1️⃣ Trend / Trendline Price is moving within a short– to medium-term ascending channel. Upper trendline: dynamic resistance → price is approaching this area, increasing profit-taking pressure. Lower trendline: dynamic support → a key decision zone that determines whether the bullish structure holds or breaks. 2️⃣ Resistance 4,550 – 4,552: strong resistance, confluence of previous highs + upper trendline. 4,570 – 4,572: extended resistance zone; a clear breakout is required for bullish continuation. 3️⃣ Support 4,492 – 4,490: short-term support, first technical reaction zone. 4,430 – 4,432: key support, confluence of channel bottom + strong demand zone → losing this area weakens the short-term bullish trend. 4️⃣ Scenarios Holding above the lower trendline → prefer buy setups in line with the trend. Strong rejection around 4,55x → potential pullback toward 4,43x before the next directional decision. Trading Plan BUY GOLD: 4430 – 4432 Stop Loss: 4420 Take Profit: 100 – 300 – 500 pips SELL GOLD: 4570 – 4572 Stop Loss: 4582 Take Profit: 100 – 300 – 500 pips