From a technical perspective, some follow-through selling below the $2,320 level will confirm a breakdown through the 50-day Simple Moving Average (SMA) and pave the way for deeper losses. Given that oscillators on the daily chart have just started gaining negative traction, the Gold price might then weaken further below the $2,300 round-figure mark and test the next relevant support near the $2,285-$2,284 horizontal zone. 

On the flip side, momentum beyond the $2,343-$2,344 area is likely to confront stiff resistance near the $2,360 region (Friday's swing high). Some follow-through buying beyond the $2,364 level will be seen as a fresh trigger for bullish traders and lift the Gold price towards the $2,385 intermediate hurdle en route to the $2,400 mark. The momentum could extend to the $2,425 zone en route to the $2,450 region or the all-time peak touched in May.