Silver Futures Hold Ground Ahead of Key Cycle Windows
Silver futures are trading near $65.16, slightly below the Daily VC PMI Mean Price of $65.37, indicating a neutral-to-bullish position.
The market is currently in a constructive technical structure following last week's recovery from the $59.62 swing low.
The Variable Changing Price Momentum Indicator (VC PMI) suggests that the optimal accumulation zone for buyers is between $64.04 and $63.15, with a 90% probability of reversion back toward the Daily Mean.
According to the VC PMI levels, the current market remains within an important 90-day harmonic cycle that began from the recent capitulation low.
The Square of 9 geometry suggests that the present consolidation is forming the base for the next expansion phase, with key cycle windows including August 15-18 and September 28, a major 360-degree seasonal cycle date with elevated probability for trend confirmation or reversal.