Gold Futures Find Resistance In Familiar Area

Gold futures are trading lower by $5 at $1085.70 per ounce in Tuesday's session. It was moving higher in pre-market trading, but found found resistance in the same area as it had in its previous three sessions.

In those sessions, it peaked between $1095.40 and $1097.50. In today's session, it peaked just ahead of that trio of highs at $1094.50. So far, the retreat has found intra-day support ahead of Friday's low ($1076), only reaching $1082.10 and has staged a minor rebound.