Gold Futures Remain Range Bound

'' Gold futures are trading lower by $4.60 at $1188.60 in Wednesday's session. It is trading in less than a $10 range, finding support in premarket trading ahead of Tuesday's low ($1184.90), only reaching $1187.40. On the upside, it has found resistance ahead of Tuesday's high ($1196.30), only reaching $1196.80. Longer-term the buillon has been range bound March 20 between $1168.80 and $1224.50, zig-zagging above below the $1200 level. The four year low based on the current contract which was made in November stands at $1133.20. It has come down over $800 from its September 2011 high ($1955.40).