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
Portfolio Update
My current assets are valued at $2,086.12 with a total acquisition cost of $12,148.89.
Asset Allocation Chart
Asset Holding by Product
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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STOPTo support your work, I also upvoted your post!
Very near!!!
We might be expecting some massive push up