FXstreet.com (Córdoba) - Gold prices are falling on Tuesday after rising in the last three sessions. The yellow metal is back below $1,100 an ounce and currently trades at the lowest level of the day at 1,096. If it falls further it could find support at 1,090 and below at 1,085. To the upside, resistance is located at 1,108 (intra-day high) and above at 1,113 (Dec 28 high).
Gold is headed toward a gain of 25% during 2009. The metal was being traded at 875 an ounce in January and currently trades around 1,100; an increase of almost 225 dollars.