SI Silver Futures Daily Chart Analysis: 2025-Oct-23 07:18 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 pullback from recent highs, with large, fast-moving bars indicating heightened volatility and strong momentum to the downside in the short term. The short-term trend has shifted to bearish, as confirmed by the downward direction of the 5 and 10-day moving averages and the current swing pivot trend. However, the intermediate and long-term trends remain bullish, supported by the 55, 100, and 200-day moving averages trending upward and price holding above key long-term support levels. The market is currently testing support near 48.42, with additional support levels below, while resistance is clustered around 51.83 and 53.615. Recent trade signals reflect this volatility, with both long and short entries triggered in rapid succession. Overall, the market is in a corrective phase within a broader uptrend, with the potential for further short-term downside before a possible resumption of the longer-term bullish trend.


Chart Analysis ATS AI Generated: 2025-10-23 07:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.