I was a bit baffled by the price action in the Indices Friday as I did not take the Scotus
decision and Potus reaction as price positive.

The room pretty much just left it alone and focused on the metals.

Silver is running the show with Gold remaining the sleep tight long.

Platinum led from Wednesday and is again out of favor on the spreads.

It’s run into a big resistance level denominated in Yen that will need to be worked through.

Don’t look for this to lead for a bit.

Silver 90.15-92.50 is major closing resistance. Trim your positions anywhere into this level.

Gold..the old target of app 5400 is the same scenario. It will now require sustained and a weekly close over this level to go again.