Gold Futures Back Under $1100

February Gold futures are trading lower by $12.20 at $1094 per ounce in Thursday's session. Following at $17 gain on Wednesday the contract ended the session back over $1100 at $1106.20. After a lower open, it was found resistance ahead of that closing price, only reaching $1104.80 before moving lower. So far, the decline has taken the issue as low as $1092.50 and had not been able to distance itself from that low. If the delcine continues, the contract may found additional support at Wednesday's low ($1087.10).