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Silver futures at $46.96 continue to demonstrate extraordinary strength, trading above both daily and weekly VC PMI pivots while harmonizing with long-term cycle and geometric projections. The alignment of VC PMI levels, Square of 9 harmonics, and moving averages underscores a market in the midst of a powerful bullish expansion, with short-term tactical levels pointing to $48–49 and long-term projections reaching well into the $60 zone.
On the daily timeframe, the VC PMI pivot sits at $46.17. Holding above this level confirms bullish control, while the market is already challenging Daily Sell 1 ($47.44). Should silver sustain momentum, the next target is Daily Sell 2 ($48.22), a level where mean reversion probabilities increase sharply. Conversely, dips into Daily Buy 1 ($45.38) and Daily Buy 2 ($44.10) remain attractive buy zones within the prevailing trend.
The weekly VC PMI pivot at $45.66 confirms silver’s bullish weekly momentum. Resistance layers at $47.95 (Sell 1) and $49.24 (Sell 2) align with the daily Sell levels, creating a powerful resistance cluster between $48–49.25. This zone is pivotal: a breakout above it validates higher Square of 9 harmonic projections, while rejection could trigger temporary mean reversion.
Square of 9 harmonic levels project sequential upside targets at $49.73, $52.46, $55.19, $57.92, and $60.65. These levels act as resonance points where price, time, and psychology converge. A confirmed breakout above the $49 barrier opens the door to $52–55, with the 360-day cycle pointing toward a full revaluation above $60.
The moving averages add further conviction. Silver trades well above the 9-day ($44.34), 18-day ($43.21), and 36-day ($41.22) SMAs, all trending upward in bullish alignment. Medium-term support from the 54-day SMA ($40.39) and the 90-day SMA ($38.84) provides deeper structural confirmation of trend strength. The long-term 200-day SMA ($35.79), far below current price, signals that silver’s breakout is not short-lived, but part of a much larger cycle expansion.
Taken together, the 30- and 360-day cycles, VC PMI pivots, Square of 9 harmonics, and moving averages weave a consistent narrative: silver remains in a confirmed uptrend. The tactical roadmap suggests near-term profit-taking at $48–49, with strategic positioning on dips toward $45–44. Longer-term, the market is preparing for a powerful move toward $52–55, with the potential for a historic revaluation above $60.
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TRADING DERIVATIVES, FINANCIAL INSTRUMENTS AND PRECIOUS METALS INVOLVES SIGNIFICANT RISK OF LOSS AND IS NOT SUITABLE FOR EVERYONE. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.