Silver Portfolio Update 11/25/2023

in #leofinance3 months ago

Silver Price Analysis
Silver had a good short week with the bulls have holding the near-term technical advantage. The next upside price objective is closing December futures prices above the technical resistance at $25.00. If we turn the next downside price objective for the bears is closing prices below solid support at the November low of $21.925. First resistance is seen at $24.00 and then at the November high of $24.22. Next support is seen at this week's low of $23.30 and then at $23.00. I think we are going to continue to trade in this range.

Silver Chart
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Portfolio Update
My current assets are valued at $2,086.12 with a total acquisition cost of $12,148.89.

Asset Allocation Chart
Screen Shot 2023-11-25 at 4.03.21 PM.png

Asset Holding by Product
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Screen Shot 2023-11-25 at 4.04.21 PM.png

Screen Shot 2023-11-25 at 4.04.26 PM.png

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silver is up, but why your portfolio is in red?

Premiums are down and my basis is still higher than these prices.

We might be popping off soon !BBH

I think you might be right.

@cryptictruth! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bitcoinman. (7/20)

That stack is getting more impressive every month @cryptictruth

I hope silver takes off.

I wouldn't be surprised if we hit that $24.50 mark, and it starts getting a lot of downward pressure back into the low $23.20ish range.

Seems to be the range lately.

Right? I'm fine with it. I look at it as another opportunity to buy cheap silver before it becomes harder to get.

Looks like it’s going to close strong like usual.

Should be a good close YOY.

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To support your work, I also upvoted your post!

We might be expecting some massive push up