Gold price traded with strong negativity to break 1786.50 level and starts pressing on the bullish channel’s support line, to hint heading to start correctional bearish wave on the intraday basis, to start the negative targets at 1764.40 and extend to 1736.15 after surpassing the previous level, taking into consideration that the bearish correctional will be confirmed after closing the daily candlestick below 1770.00.