Gold Futures Inch Toward $1100

February Gold futures are trading higher by $14.60 at $1093 in Wednesday's session. International issues has instigated a flight to safety, which is being reflected in the bullion's move higher.

After a lower open, it found support under Tuesday's close ($1078.40), reaching $1074.40 before moving higher.

So far, it has breached the upper-end of its nearly month-long trading range ($1083), reaching $1094.10 and is still trading near the highs for the day.

If the rally continues, there may be some additional resistance ahead of the psychological of $1100 level at its November 16 high of $1097.10.