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Commodities

Silver Futures Surge Past Key Thresholds Amid Bullish Momentum

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Silver
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Silver futures have entered a renewed bullish momentum phase, closing near $69.01 after recovering sharply from its weekly low of $62.45 and reaching an intraday high of $70.08.

The 15-minute structure shows price decisively above both the Weekly VC PMI mean at $67.35 and Daily VC PMI mean near $69.19, placing silver at an important breakout threshold.

Holding above $69.19 strengthens the probability of continuation toward Daily Sell 1 near $70.42, followed by Daily Sell 2 near $71.31.

Above these levels, the larger weekly targets become Weekly Sell 1 at $72.26 and Weekly Sell 2 at $74.98.

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