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
You need to be adding to that portfolio
I still think we could be dipping below $20 this year. I might use some tax money to buy some up, but for right now I need to build some cash.
Gold price is also pumping along with silver, Start of a good week for both precious metals.
They trade pretty closely. If silver is up gold is most likely too!
We should be expecting a massive run if BTC moves up
I hope so all markets are going to move with the FED.
Silver dipped then rallied in the afternoon. I think good opportunity to buy a few more ounces, as it's fairly cheap now !
I just need more money to buy! I thought about putting these post rewards into my savings and then doing a silver buy with them. Ampex allows crypto buying.
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It's getting to be a nice stack, with prices creeping lower there's more chance in adding to it.
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At this point, if we talk about investment, gold and silver can be done well in the way we have seen that the price of gold has increased significantly in the past few years and now if we put money inside and put it for a while, we will make even better profit. My self-intended as soon as you fly down I will buy it.
Silver seems to be doing quite well 🙂