Silver Portfolio Update 6/24

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Silver Price Analysis
Happy Monday, silver declines sparked by firm US Treasury yields and a strong US Dollar last week. The technical outlook shows a bearish engulfing pattern with RSI turning bearish which for traders is indicating potential further losses. Right now the key support levels are the 50-DMA at $29.09 with deeper support at 100-DMA of $26.60. On the bullish side the key resistance levels are the June 7 high at and YTD high of $32.51. I'll be watching close as the Fed has controlled this market!

Silver Chart
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Portfolio Update
My current assets are valued at $2,670.32 with a total acquisition cost of $$2,362.33.

Asset Allocation Chart
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Asset Holding by Product
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leofinance silvergoldstackers investing pob money silver finance ocd gem
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17 comments
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You received an upvote of 100% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

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Just keep stacking! Looking good! I hope the storms avoided you this past weekend!

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We got hit a bit. I have been all over the country and globe for work the past few months I can't keep up with the storm damage and house hold chores at this point.

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You're doing great! I liked the push over thirty recently but it keeps pulling back to $29.50. Hoping for a nice $50 push soon!

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I fell like we going to be around these levels for a while !DOOK

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It seems like it. I thought we double topped on the charts. I want to buy more but I hate to average up at this point.

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You need some more silver…..😎

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I do! I was hoping for a retest of $27 because I'd hate to average up at this point...

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I think the $27 days are over for now. Anything under $29 is good in my opinion now. Low premium ten ounce bars. Won’t hurt your cost average much.

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Silver is really having a bad time in the market but well I am so sure it will bounce up back

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