SI Silver Futures Weekly Chart Analysis: 2026-May-06 07:06 CT

Price Action

Last: 77.755,
Bars: Large,
Mom: Average.

WSFG Weekly

Short-Term
WSFG Current: 12%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: 8%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: -30%
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 88.785,
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: 77.22 Down Trend,
(Short-Term) 10 Day: 78.705 Down Trend,
(Intermediate-Term) 20 Day: 79.945 Up Trend,
(Intermediate-Term) 55 Day: 61.965 Up Trend,
(Long-Term) 100 Day: 46.960 Up Trend,
(Long-Term) 200 Day: 37.922 Up Trend.

Recent Trade Signals

06 May 2026: Long SI 07-26 @ 77.45 Signals.USAR-WSFG
06 May 2026: Long SI 07-26 @ 75.98 Signals.USAR.TR120
29 Apr 2026: Short SI 07-26 @ 71.98 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

Silver is in a strong post-breakout weekly structure after a very large upside expansion from the 2025 base and the early-2026 surge toward the low-90s and above 100. The current weekly price is holding above the 20-day benchmark and well above the 55-, 100-, and 200-day benchmarks, which keeps the broader trend constructive even though the yearly fib grid still shows the market below the yearly F0/NTZ midpoint and the swing pivot engine remains in DTrend mode. Short-term action is a consolidation/pullback phase after the spike higher, with the market rotating around the upper 70s and working through a clustered resistance/decision area near the weekly fib box. The setup remains choppy at the top of a major advance, but the dominant theme is still a higher-timeframe uptrend with a recent pause rather than a full trend reversal.