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Commodities

Silver Cycle Turns Bullish as Resistance Levels Come into Focus

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Silver
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Silver prices have turned bullish after recovering from a recent low of $63.645 to challenge an important resistance cluster at the VC PMI level.

The market has moved above Daily Buy 1 at $65.93 and the Weekly VC PMI mean near $65.10, shifting short-term momentum towards the bullish side.

A sustained close above the Daily VC PMI mean at $66.71 would activate the next upside objectives at Daily Sell 1 $67.77 and Daily Sell 2 $68.55.

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