SI Silver Futures Daily Chart Analysis: 2025-Oct-20 07:17 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

Silver futures have experienced a sharp rally, with price action recently reaching new highs above $53 before a swift pullback to the $50.77 area. The current daily bars are large, and momentum remains fast, indicating heightened volatility and active trading. Short-term signals have shifted bearish, as seen in the recent short trade signal and the downtrend in both the 5-day and 10-day moving averages. However, the intermediate and long-term trends remain firmly bullish, supported by the 20, 55, 100, and 200-day moving averages all trending higher and price holding well above these key levels. Swing pivot analysis shows a short-term downtrend (DTrend) with the next potential pivot high at 53.800, while intermediate pivots remain in an uptrend. Key support levels are clustered between 46.70 and 41.00, with resistance at the recent highs. The elevated ATR and strong volume suggest the market is in a volatile, active phase, possibly digesting recent gains after a parabolic move. Overall, the market is in a corrective phase short-term within a strong, established uptrend on higher timeframes, with the potential for further consolidation or a retest of support before the next directional move.


Chart Analysis ATS AI Generated: 2025-10-20 07:18 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.