Silver Cycle Turns Bullish as Futures Challenge Key Resistance

Silver futures have shown signs of recovery after hitting a recent low of $63.645.

The market has moved back above the Daily Buy 1 level at $65.93 and the Weekly VC PMI mean near $65.10, shifting short-term momentum towards the bullish side.

The immediate decision point is the Daily VC PMI mean at $66.71, with a sustained close above this level activating the next upside objectives at Daily Sell 1 $67.77, Daily Sell 2 $68.55, and Weekly Sell 2 $68.88.

The VC PMI methodology suggests that prices trading above the mean favor buying corrections rather than aggressively selling strength.