Silver Price Analysis
Silver ranks amongst one of the top-performing commodities on the market, with renewed investor interest and strong fundamentals driving prices up to their highest in 14 years. This week was tough with markets pulling back 3% form that high. Technically, on the daily chart, Silver has broken below the ascending channel that had supported its uptrend since early April, marking a clear shift in market structure. We will have to see what the market does as we keeo an eye on the US dollar next week.
Silver Chart
Portfolio Update
My current assets are valued at $4,260.04 with a total acquisition cost of $3,240.95.
Asset Allocation Chart
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