SI Silver Futures Weekly Chart Analysis: 2025-Oct-23 07:19 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Silver futures have experienced a sharp rally, with price action showing large, fast-moving bars and momentum peaking near recent highs. The short-term trend has shifted bearish, as indicated by the WSFG and recent swing pivot reversal, suggesting a pullback or correction is underway after a strong advance. However, the intermediate- and long-term trends remain firmly bullish, supported by rising moving averages across all major timeframes and the price holding well above key support levels. The recent trade signals reflect this volatility, with both long and short entries triggered in quick succession, highlighting a choppy, high-volatility environment. The market is currently digesting gains after a parabolic move, with the next key resistance at 53.765 and major support at 40.620. Overall, the structure suggests a corrective phase within a broader uptrend, with potential for further consolidation or retracement before the next directional move.


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.