SI Silver Futures Daily Chart Analysis: 2026-Jun-05 07:06 CT

Price Action

Last: 71.440,
Bars: Small,
Mom: slow.

WSFG Weekly

Short-Term
WSFG Current: -28%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jun

Intermediate-Term
MSFG Current: -10%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -64%
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 71.440,
4. Pvt. Next: Pvt High 78.500,
5. Levels R: 122.905, 97.805, 90.890, 90.105,
6. Levels S: 71.440, 71.310, 71.310, 71.715, 67.715, 61.715.

Daily Benchmarks

(Short-Term) 5 Day: 74.87 Down Trend,
(Short-Term) 10 Day: 75.47 Down Trend,
(Intermediate-Term) 20 Day: 78.415 Down Trend,
(Intermediate-Term) 55 Day: 77.5 Down Trend,
(Long-Term) 100 Day: 81.58 Down Trend,
(Long-Term) 200 Day: 67.77 Up Trend.

Additional Metrics

ATR: 165,
VOLMA: 55116.

Recent Trade Signals

05 Jun 2026: Short SI 07-26 @ 72.435 Signals.USAR-MSFG
04 Jun 2026: Short SI 07-26 @ 73.355 Signals.USAR-WSFG
03 Jun 2026: Short SI 07-26 @ 74.025 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Silver futures are trading in a broad downtrend with price holding below the weekly, monthly, and yearly fib grid centers, and below the key 5, 10, 20, 55, and 100 day benchmarks. The pivot structure remains short-term bearish with the current evolution anchored to a pivot low at 71.440, while the next pivot objective is still framed as a pivot high near 78.500. The recent sequence shows a sharp selloff from the early-June swing high back into the lower end of the monthly range, followed by a slow, compressed tape near support. The 200-day benchmark remains the only longer-term positive trend reference, but it sits well below price, underscoring the larger transitional phase after a steep decline and repeated tests of the 71 area.