Silver Futures Test Critical Zone as 360-Day Cycle Approaches

Silver futures have entered a critical technical zone after reaching an intraday low of $63.08 on August 18, 2026. The price is now near $63.20, immediately above important VC PMI support, creating a potential mean-reversion setup if buyers regain control.

The Daily VC PMI mean is $64.67, while the Weekly VC PMI mean is $65.10. Trading below both means confirms short-term bearish momentum. However, silver is now approaching the first major probability zones: Daily Buy 1 at $62.65 and Weekly Buy 1 at $62.21.

Under the VC PMI methodology, movement into Buy 1 represents an approximately 90% statistical probability zone for a reversion toward the mean, while Buy 2 represents the more extreme 95% probability zone, subject to confirmation.

A recovery above $64.67, $65.10 would shift momentum back toward Daily Sell 1 at $66.06 and Weekly Sell 1 at $66.99. The market is moving toward the completion of the broader 360-day cycle from the September 28, 2025 seasonal low, placing the next major cycle window around September 23-28, 2026.