SI Silver Futures Weekly Chart Analysis: 2026-Feb-02 07:18 CT
Price Action
- Last: 82.180,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -3%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Feb
- Intermediate-Term
- MSFG Current: -2%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 29%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt low 61.185,
- 4. Pvt. Next: Pvt high 103.530,
- 5. Levels R: 103.530, 90.280, 86.325, 66.780, 49.385,
- 6. Levels S: 61.185, 41.290, 25.820.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 85.873 Down Trend,
- (Intermediate-Term) 10 Week: 77.145 Down Trend,
- (Long-Term) 20 Week: 61.440 Up Trend,
- (Long-Term) 55 Week: 50.700 Up Trend,
- (Long-Term) 100 Week: 39.758 Up Trend,
- (Long-Term) 200 Week: 33.543 Up Trend.
Recent Trade Signals
- 02 Feb 2026: Short SI 03-26 @ 81.8 Signals.USAR-WSFG
- 02 Feb 2026: Short SI 03-26 @ 79.01 Signals.USAR-MSFG
- 30 Jan 2026: Short SI 03-26 @ 107.775 Signals.USAR.TR120
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
Key Insights Summary
Silver futures have experienced a dramatic rally, with price action showing large, fast-moving bars and a recent high volatility spike. The short-term and intermediate-term trends have shifted to the downside, as indicated by the WSFG and MSFG both trending down and price now trading below their respective NTZ/F0% levels. This is further supported by recent short trade signals and the 5- and 10-week moving averages turning down. However, the long-term trend remains firmly bullish, with the yearly session grid and all long-term moving averages still trending up, and price well above major long-term support levels. The most recent swing pivot low at 61.185 is a key support, while resistance is stacked at higher levels following the recent parabolic move. The market appears to be in a corrective phase after an extended rally, with potential for further consolidation or retracement in the short to intermediate term, while the broader uptrend remains intact.
Chart Analysis ATS AI Generated: 2026-02-02 07:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.