SI Silver Futures Daily Chart Analysis: 2026-Jun-03 07:06 CT

Price Action

• Last: 74.640,
• Bars: Small,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: -8%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -4%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -51%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt Low 72.000,
• 4. Pvt. Next: Pvt High 79.840,
• 5. Levels R: 122.905, 97.805, 90.890, 90.105,
• 6. Levels S: 72.000, 71.310, 61.715, 49.840, 47.300.

Daily Benchmarks

• (Short-Term) 5 Day: 75.500 Down Trend,
• (Short-Term) 10 Day: 75.835 Down Trend,
• (Intermediate-Term) 20 Day: 78.575 Down Trend,
• (Intermediate-Term) 55 Day: 77.775 Down Trend,
• (Long-Term) 100 Day: 81.670 Down Trend,
• (Long-Term) 200 Day: 67.435 Up Trend.

Additional Metrics

• ATR: 165,
• VOLMA: 55116.

Recent Trade Signals

• 03 Jun 2026: Short SI 07-26 @ 74.64 Signals.USAR-WSFG
• 28 May 2026: Long SI 07-26 @ 75.84 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Silver is trading in a lower-high, lower-low structure after the sharp spring rally and subsequent reversal from the 90s back into the mid-70s. Price sits below the weekly, monthly, and yearly session fib biases, keeping the short and intermediate tone aligned with the downside. The pivot framework shows short-term DTrend, while the broader hi/lo pivot structure remains constructive enough to reflect a mixed long-term backdrop. Daily benchmarks are mostly sloped lower and clustered overhead, which reinforces a capped, recovery-to-distribution style market rather than an impulsive uptrend. Recent action near 74.640 is tracking under the 5/10-day averages, with the 20/55/100-day benchmarks still above price, while the 200-day remains the main long-term anchor. The tape looks like a consolidation-to-downtrend phase with repeated rejection near the upper pivot bands and a focus on the lower support stack around 72.000 and 71.310.