Silver futures continue to advance in a powerful, hyperbolic structure that began with the capitulation low at 48.05, forming the foundational pivot of the current 30-day cycle. This pivot aligned precisely with Weekly Buy 2 (47.61) and launched an aggressive mean-reversion rally through the Weekly VC PMI (54.82) and into the highest-probability Sell Zones between Daily Sell 1 (58.54) and Daily Sell 2 (59.92). The market has now traveled more than 18% from the pivot low into a region where the VC PMI statistical probability of mean reversion exceeds 90%.
The 30-day cycle that began on 11/24 is entering its mid-cycle expansion phase, where price typically rallies into a secondary high. This aligns with the 60-day cycle crest, due between December 5–12, forming a confluence window where trend exhaustion is likely. The 90-day cycle, which began off the mid-September pivot, is also approaching its culmination phase, further reinforcing the idea that the current advance is in its terminal leg unless can break and sustain above 59.92.
While the trend remains decisively bullish, momentum indicators (MACD on the 15-minute chart) show early-stage divergence—an initial clue that bulls are losing marginal efficiency despite higher highs in price. This is characteristic of late-cycle acceleration and often precedes a mean-reversion test of the Daily VC PMI (55.87), followed by Weekly VC PMI (54.82), which will act as powerful magnets on a corrective leg.
Despite these overbought readings, silver remains structurally bullish with rising channel support and clear institutional demand across the Fibonacci structure. The 52.38–51.82 level marks the highest-probability re-accumulation zone if the market deflates into the 30/60/90-day confluence window. Only a decisive break back below 51.82 would neutralize the higher-timeframe cycle and shift the broader structure into consolidation.
If silver breaks above 60, the 90-day cycle could transition into acceleration, targeting 62.50 → 64.80. But probabilistically, the next major event is a controlled mean-reversion reset before the next impulse wave begins.
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Disclosure: This report is for educational purposes only. Trading futures, ETFs, or derivatives carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. The VC PMI model provides statistical probabilities, not guarantees.
