Silver Futures Maintain Weekly Mean Amid Constructive Technical Structure

Silver futures are maintaining their weekly mean price as they continue to trade in a constructive technical structure following last week's recovery from $59.62.

The market is currently trading near $65.16, which is slightly below the Daily VC PMI Mean Price of $65.37, placing price in a neutral-to-bullish position.

According to the current VC PMI levels, the optimal accumulation zone remains between $64.04 and $63.15, with buyers stepping into this area having approximately a 90% probability of reversion back toward the Daily Mean.

The market is also within an important 90-day harmonic cycle that began from the recent capitulation low, with key cycle windows including August 15-18, August 27-30, and September 28.