Silver Futures Surge Past Key Thresholds Amid Bullish Momentum
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.