GOLD (SPOT) INTRADAY: THE DOWNSIDE PREVAILS.
Pivot: 1541.00
Most Likely Scenario: SHORT positions below 1541 with targets @ 1518 & 1509.
Alternative scenario: The upside penetration of 1541 will call for a rebound towards 1550 & 1565.
Comment: The price has broken below the lower boundary channel.
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