Thoughts on Gold's Recent Pullback and the $2300 Level

Been watching gold closely the last few sessions, and that dip under $2300 has my attention. It looked like a solid base was forming around $2320-$2330, but the subsequent move down, especially with the dollar showing a bit of strength, indicates that immediate support might not hold. I'm seeing a potential for a retest of the $2280 area if the selling pressure persists, possibly even a run down to $2260 where I see some prior resistance now acting as a more substantial support zone on the daily charts. The risk to this scenario, of course, would be a swift reclaim of $2320 on strong volume. If that happens, then this pullback could easily just be a shakeout before the next leg up. Still, until we see that, I'm leaning towards continued consolidation or a slight dip.