The precious metals had an uninspiring trading day, taking some more time to consolidate this week after the last month’s plunge.  Gold continues to find resistance and see steady offers around $1,100.  This level has now more or less perfectly held for seven consecutive trading days.  It is clearly the resistance level to watch while $1,070 is short term and fairly weak technical support.   The recent FOMC minutes didn’t appear to do too many favors for gold and silver while lower than expected US GDP data also weighed on the complex.