Silver Price Analysis
Last week, US economic data revealed that US Consumer Sentiment continued improving, despite increasing fears that the US central bank tightening would spark a US recession.The US Dollar Index traded down 0.02%, at 109.718, while the US 10-year benchmark note rate is at 3.449%. Silver was up nicely with a 3/22% gain as crypto and stocks took another beating. The 100 SMA at $20.37 is a next big level. We will have to keep an eye on the FED and overall market sediment to see where silver is heading. I think we get a relief rally this week and more pain through early October.
Silver Chart
Portfolio Update
My current assets are valued at $1532.93 with a total acquisition cost of $1716.17.
Asset Allocation Chart
Asset Holding by Product
