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

Price Action

• Last: 77.543,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -33%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: -3%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -58%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 71.310,
• 4. Pvt. Next: Pvt High 78.040,
• 5. Levels R: 122.905, 97.805, 90.890, 83.750,
• 6. Levels S: 71.310, 61.715, 49.840, 47.300, 43.270.

Daily Benchmarks

• (Short-Term) 5 Day: 74.375 Down Trend,
• (Short-Term) 10 Day: 76.080 Down Trend,
• (Intermediate-Term) 20 Day: 76.720 Down Trend,
• (Intermediate-Term) 55 Day: 77.545 Down Trend,
• (Long-Term) 100 Day: 79.830 Down Trend,
• (Long-Term) 200 Day: 63.465 Up Trend.

Additional Metrics

• ATR: 688,
• VOLMA: 47857.16.

Recent Trade Signals

• 30 Apr 2026: Long SI 07-26 @ 74.13 Signals.USAR.TR120
• 29 Apr 2026: Short SI 07-26 @ 71.98 Signals.USAR.TR720
• 29 Apr 2026: Short SI 07-26 @ 74.07 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Silver futures remain in a broad corrective phase after the earlier March spike and rejection, with price now trading below the weekly, monthly, and yearly fib grid pivots and under the 5, 10, 20, 55, and 100-day benchmarks. The daily structure is still dominated by lower highs and lower lows, while the most recent swing low sequence keeps the short-term pivot trend pointed down. The 200-day benchmark remains well below price and still trends upward, which keeps the longer horizon from turning fully bearish, but the current daily posture is clearly soft with momentum leaning to the downside and overhead resistance clustered near the mid-70s to low-80s band.