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Commodities

Silver Futures Trade Below VC PMI Mean Amid Neutral-to-Bearish Posture

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Silver
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Silver futures are trading near $58.40, below the daily VC PMI mean of $59.18.

The current daily VC PMI levels indicate a neutral-to-bearish short-term posture.

According to cycle date analysis, silver is currently within an important intermediate timing window.

If support develops between $57.96 and $57.21, the market could begin another advance toward the weekly Sell 1 level near $61.53.

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