The silver market continues to exhibit a classic mean-reversion structure following the recent exhaustion high above the $115–$120 range. The subsequent decline into the $65–$70 zone reflects a natural rebalancing phase after a hyperbolic expansion, with price now attempting to stabilize near the lower end of the value area. This behavior aligns with VC PMI principles, where extreme deviations above the mean (Sell 2) typically lead to a reversion back toward equilibrium.
From a cycle perspective, the current structure suggests that the market is completing a corrective phase into the early April window (April 8–10). This timeframe represents a key inflection point, where selling pressure is expected to diminish and accumulation begins. If this cycle low holds, the next bullish expansion phase could unfold into late April (April 20–23), followed by a stronger momentum cycle into mid-May.
PRICE STRUCTURE
120 | ▲ (Exhaustion High)
115 | /
110 | /
105 | /
100 | / → Target Zone (May–June)
95 | / ▲
90 | / | SQ9 270°
85 | / |
82 |———▲——- |—————- (Activation Level)
80 | / |
76 |——▲———–|—————- (Bullish Trigger)
74 | / |
72 |—-●————-|—————- CURRENT PRICE (~72.96)
70 | / |
68 |–▲—————|—————- (SQ9 Support / Buy Zone)
66 | ● |
65 | |
———————————————————-
Mar Apr 8-10 Apr 20-23 May–June
Cycle Low Expansion Momentum Peak
Using Square of 9 geometry, the $66–$68 level represents a harmonic support zone, aligning with a 180-degree rotation from the prior breakout levels. Holding this area reinforces the probability of a reversal. A sustained move above $74–$76 would activate bullish price momentum, targeting $82, $90, and ultimately retesting the $100 psychological level. These targets correspond with key geometric angles (90°, 180°, and 270°) from the recent low, indicating structured upside progression.
Volume analysis supports the thesis of accumulation, as declining volume during the recent selloff suggests a lack of aggressive institutional distribution. Instead, the market appears to be shaking out weak hands, a typical precursor to a renewed bullish phase. The compression of volatility near current levels further indicates that a directional breakout is approaching.
Strategically, traders should remain patient and avoid shorting at lower extremes. The system favors scaling into long positions near support zones, particularly if price action confirms stabilization above the $68–$70 range. A break above the daily mean will signal the transition from bearish to bullish price momentum, offering high-probability continuation setups.
Conclusion:
is in the late stages of a corrective cycle. If current support holds into the April cycle window, the market is positioned for a significant upside move into May–June, potentially exceeding prior highs as momentum and structure realign.
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Disclosure: This report is for educational purposes only and is not intended as financial advice. Futures and options trading involve substantial risk and are not suitable for all investors. The VC PMI methodology is a mathematical probability-based system and does not guarantee outcomes. Traders are responsible for their own decisions and risk management.