Silver Price Analysis
Silver prices moved lower by 1.66% on Friday, support is seen near the 10 day moving average at $23.93. Resistance is near the 200 day moving average of $24.21. The Short term momentum turns negative, but medium term outlook is positive.
Silver Chart
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Portfolio Update
My current assets are valued at $1,447.09 with a total acquisition cost of $$1,476.59 representing a loss of 1.99%. This week we gained back 1.5% and are getting close to my breakeven.
I'm thinking about picking up some more 1 ox bars as they are easy to store. I'd like to know what people think about the resell on bars vs. coins. Coins seem to find more collectors. Long term bar are will be used as DCA items in my PM portfolio.
Asset Allocation Chart
Asset Holding by Product
