Thoughts on $GLD's recent behavior around the 367 level

Hey everyone, been watching $GLD pretty closely the last few sessions, and it feels like we're consolidating right around this 367.00 - 367.50 area. Intraday today we dipped to 366.755 and bounced, and it's been pretty sticky around these prices for a bit now.

I'm curious if anyone else is seeing this as a potential support zone building up, or if it's more like a pause before a continued move downwards. On one hand, the volume isn't screaming either way for a clear break, but on the other, the daily close keeps coming back to this range. My current read is that if we start seeing sustained closes below 366.00, it would definitely invalidate any budding bullish bias I have for this level holding, and I'd be looking for a test of lower support. Just an idea I'm kicking around.