Silver Futures Eye Next Move Above Key Resistance Zone
Silver futures continue to trade in a constructive technical structure following last week's recovery from the $59.62 swing low.
The market is currently trading near $65.16, slightly below the Daily VC PMI Mean Price of $65.37, placing price in a neutral-to-bullish position while awaiting confirmation from momentum.
According to the current VC PMI levels, 64.04-63.15 remains the optimal accumulation zone for buyers, with a 90% probability of reversion back toward the Daily Mean.