Commodities · samer saeed · September 3, 2026
Silver Advances Toward $68.89 Weekly Mean, Surpassing VC PMI Support
Silver has pushed higher, moving past the weekly mean level of $68.89 after breaking through the support line associated with the VC PMI. The recent breakout above this technical threshold has attracted bullish sentiment, with traders watching for continued momentum as the metal approaches the key price target. Analysts note that the upward move could signal a shift in market dynamics, potentially setting the stage for further gains in the near term.
Related articles
- Mounting Bearish Pressure Pushes Gold Toward 4,100 Target
- Gold Rebounds Past $4,170 as Weak US Jobs Data Softens Rate Hike Expectations
- Silver’s Technical Path Ahead: Insights from VC PMI, Cycle Timing, and Square 9 Analysis
- Gold Market Signals Skepticism Over Fed Autonomy Under Warsh
- Silver Eyes Breakout, Targets $68.89 and $70.95
- Brent Climbs Toward $96 Amid Iran Tensions

