"The current trend in gold suggests a bearish sentiment, substantiated by the closure of prices below the EMA 200 on the H1 timeframe. Furthermore, a notable resistance zone resides at the 2360 price level, indicating a robust supply area. In light of this analysis, the anticipated downward movement targets 2303 as a potential level of interest. To mitigate potential losses, a prudent stop loss strategy is advised, set at 2372."