Silver Bull Cycle Accelerates on Breakthrough Above Key Resistance

Silver futures have accelerated their uptrend, reaching $62.27 after breaking through several resistance levels, including the Weekly Sell 2 level at $61.88.

The market's shift to a bullish structure is confirmed by its movement above key technical levels, with the Daily VC PMI mean sitting at $61.64, just below current prices.

As long as silver remains above this mean and the Weekly Sell 2 level, the VC PMI favors buying corrections over aggressively initiating shorts.