SI Silver Futures Weekly Chart Analysis: 2026-May-04 07:07 CT
Price Action
- Last: 73.820,
- 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 61.715,
- 4. Pvt. Next: Pvt High 88.725,
- 5. Levels R: 104.650, 93.135,
- 6. Levels S: 61.715, 49.840, 47.300, 30.485, 26.940.
Weekly Benchmarks
- (Short-Term) 5 Day: 77.220 Down Trend,
- (Short-Term) 10 Day: 78.705 Down Trend,
- (Intermediate-Term) 20 Day: 79.945 Down Trend,
- (Intermediate-Term) 55 Day: 61.965 Up Trend,
- (Long-Term) 100 Day: 37.922 Up Trend,
- (Long-Term) 200 Day: 37.922 Up Trend.
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: Bearish.
Key Insights Summary
Silver has just come off an explosive vertical rally into the 104.650 resistance area, followed by a sharp rejection and a fast pullback back into the 70s. The weekly structure remains in a down swing sequence with lower highs and lower lows, and price is sitting below the key 20-day benchmark and below the F0%/NTZ zone on all three session fib grids. Short-term momentum is still elevated because of the size of the recent weekly ranges, but the price path now looks more like a post-spike retracement and consolidation after an overextended advance. The pivot map shows the current short-term and intermediate-term trend still pointed down, with 61.715 as the nearest major support and 88.725 as the next pivot high reference above. The recent signal mix is also aligned with the downside tone, with the latest short signals dominating the tape despite an earlier long trigger.
Chart Analysis ATS AI Generated: 2026-05-04 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.