Silver Price Analysis
Silver was up 5.62% this week. It has reached an important resistance hurdle in the vicinity of $22.00, where the 50% Fibonacci retracement level of the April - September downtrend and the June 16, 17, and 21 highs are putting up a bug technical wall. Not to mention we are now i overbought territory on hourly and daily charts, which suggest that some consolidation or a pullback is probable.
Silver Chart
Portfolio Update
My current assets are valued at $1980.45 with a total acquisition cost of $1927.29. It's been awhile since I have gotten to say I'm in profit a few weeks in a row.
Asset Allocation Chart
Asset Holding by Product
