XAUUSD stuck in this channel, what gives?

Been watching XAUUSD pretty closely lately. It seems to be holding pretty tight within that $2300 - $2360 range for what feels like an eternity now. I'm seeing resistance at the top of that channel consistently reject attempts to break higher. Support around $2300 is equally stubborn. If we see a decisive close below $2300, I'd expect a retest of $2280 pretty quickly. Conversely, a break above $2360 and hold would suggest we're looking at $2400 again. For now, it's a chop fest. My bias remains slightly bearish on a retest of the lower bound given the recent daily candles failing to hold gains.