Gold Futures Find Resistance

February Gold futures are trading higher by $0.80 at $1076 in Tuesday's session. The contract is attempting to follow through on Monday's $15 rally, but is finding resistance in a familiar area. Until Monday's price action, the contract had traded no higher than $1081.40 since December 19. On Monday it reached $1083 before falling back to settle at $1075.20. Once again, that entire area as the contract has peaked at $1081.50. Gold futures have not close over $1080 since December 4, when it ended the session at $1084.10.