METALS:
Gold yesterday afternoon after dropping from 1620 to sub 1600, met with large sovereign bids in the 1590-1600 area ahead of FOMC, offering solid support over FOMC and since, albeit stops are rumored just below at 1588.Resistance areas are 1620(smaller), 1640 (med) and 1660-80 (large and area around 200DMA)
Silver has stayed in a rather tight 27,70-29,30 range for a while now, with large asian interests seen on both sides.