Silver Price Analysis
Silver has rallied with other assets late last week up 3.81%, but it did give back some gains rather quickly as we continue to see spooked investors. We are currently near the 50% Fibonacci level from the move higher and we are trying to reach the 200-Day EMA. The 200-Day EMA sits just below the $22 level, so I think that's the number we are heading for.
Silver Chart
Portfolio Update
My current assets are valued at $1832.04 with a total acquisition cost of $1927.29 so I'm still down, but we are climbing higher this week.
Asset Allocation Chart
Asset Holding by Product