Silver Nears Resistance Zone as Buyers Defend Value Near $66

Silver prices have been consolidating after recovering from last week's lows, trading near $66.17 and holding above the Daily VC PMI mean of $64.83. The market remains in a neutral-to-bullish accumulation phase as buyers defend value below the equilibrium price.

The VC PMI algorithm has identified key levels: Daily Mean ($64.83), Daily Buy 1 ($64.68), Daily Buy 2 ($63.66), Daily Sell 1 ($65.98), and Daily Sell 2 ($70.81).

A sustained close above $67.08, the Weekly Sell 1 level, would trigger a push toward $70.67-$70.81, where a powerful resistance cluster exists.