Silver Prices Eye $70.58 Breakout as VC PMI Targets Larger Gains

Silver prices are trading near $69.17-$69.30, maintaining a constructive recovery structure after rebounding from the lower $60s.

The Daily VC PMI identifies $68.94 as an equilibrium level, and holding above it shifts the short-term probability toward the next target at $69.58.

A confirmed breakout and close above $69.58 would expose the larger Weekly Sell 1 objective at $72.26.

The market is entering a late-August cycle window, with August 24-28 serving as an important short-term decision period, and the next broader timing focus moves toward the September 2026 cycle window.