Watching $XAUUSD around 2300-2310, testing that prior range low

Been keeping a close eye on $XAUUSD this week. After that push down, it feels like we're consolidating right around that 2300-2310 area, which was pretty significant support/resistance through much of April and May. If it can hold this level and perhaps put in a higher low on the shorter timeframes, there's a potential setup for a bounce back towards 2330-2340.

However, a sustained break and close below, say, 2295, would really open the door for a retest of the low 2280s, possibly even 2270. That would invalidate the idea of this being a consolidation for a bounce and instead suggest further downside is more likely. Just my thoughts, always good to be prepared for both scenarios.