Silver futures are currently trading at 37.924, with medium-sized bars and average momentum, indicating a balanced but active market. The short-term WSFG trend is down, with price below the weekly NTZ, suggesting some near-term weakness or consolidation. However, the intermediate and long-term MSFG and YSFG trends remain firmly up, with price well above their respective NTZ levels, reflecting underlying bullish structure. Swing pivots show a short-term uptrend, but the intermediate HiLo trend is down, highlighting a potential transition phase or corrective move within a broader uptrend. Resistance is clustered near recent highs (39.910, 39.500, 38.755), while support is established at 37.259, 35.597, and 32.120, providing clear reference points for price action. Daily benchmarks are mostly in uptrends, except for the 5-day MA, which is in a downtrend, reinforcing the mixed short-term picture but strong intermediate and long-term momentum. ATR and volume metrics indicate moderate volatility and healthy participation. Recent trade signals show both long and short entries in close succession, reflecting the choppy, range-bound nature of the short-term environment. Overall, the market is in a consolidation or pullback phase short-term, but the dominant trend remains bullish on higher timeframes, with the potential for further upside if resistance levels are cleared and the short-term trend aligns with the broader uptrend.