XAUUSD Dropping consolidate on channeling

XAUUSD dropping bellow EMA 21 and 34, the 78.60% Fibonacci retracement and Stoch Oversold level 11 piont of the nov-des move appears to be providing the most immediate support. A move higher will aim to break through channel resistance 0% fib that would signal a shift back to gold’s longer-term bullish trend.