SI Silver Futures Daily Chart Analysis: 2026-Feb-04 07:17 CT

Price Action

• Last: 90.310,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 25%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: 17%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 76%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 69.250,
• 4. Pvt. Next: Pvt high 121.785,
• 5. Levels R: 121.785, 90.530,
• 6. Levels S: 71.200, 69.250, 66.530.

Daily Benchmarks

• (Short-Term) 5 Day: 86.363 Down Trend,
• (Short-Term) 10 Day: 91.505 Down Trend,
• (Intermediate-Term) 20 Day: 95.705 Down Trend,
• (Intermediate-Term) 55 Day: 75.805 Up Trend,
• (Long-Term) 100 Day: 61.466 Up Trend,
• (Long-Term) 200 Day: 49.595 Up Trend.

Additional Metrics

• ATR:165,
• VOLMA:55116.

Recent Trade Signals

• 04 Feb 2026: Long SI 03-26 @ 87.185 Signals.USAR-WSFG
• 02 Feb 2026: Short SI 03-26 @ 78.655 Signals.USAR-MSFG
• 30 Jan 2026: Short SI 03-26 @ 107.775 Signals.USAR.TR120

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bullish.

Key Insights Summary

Silver futures have experienced a sharp and volatile correction after a strong rally, as indicated by large bars and fast momentum. The short- and intermediate-term trends have shifted to the downside, with both swing pivot and moving average metrics confirming a bearish bias in these timeframes. However, the long-term structure remains bullish, supported by the 55, 100, and 200-day moving averages trending upward and price holding well above these levels. The recent price action shows a significant bounce from support near 71.200–69.250, but resistance at 90.530 and 121.785 remains overhead. Volume and volatility are elevated, suggesting active participation and potential for further large moves. The market is currently in a corrective phase within a broader uptrend, with the potential for either a deeper retracement or a resumption of the long-term rally depending on how price reacts to key support and resistance levels.