SI Silver Futures Weekly Chart Analysis: 2026-Jun-23 07:07 CT

Price Action

• Last: 62.62,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -21%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -70%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -153%
• 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 61.595,
• 4. Pvt. Next: Pvt High 79.845,
• 5. Levels R: 104.650, 93.135, 90.105,
• 6. Levels S: 61.595, 49.840, 47.300, 30.485, 26.940.

Weekly Benchmarks

• (Short-Term) 5 Day: 71.095 Down Trend,
• (Short-Term) 10 Day: 74.960 Down Trend,
• (Intermediate-Term) 20 Day: 77.075 Down Trend,
• (Intermediate-Term) 55 Day: 64.455 Up Trend,
• (Long-Term) 100 Day: 59.585 Up Trend,
• (Long-Term) 200 Day: 38.585 Up Trend.

Recent Trade Signals

• 23 Jun 2026: Short SI 07-26 @ 62.62 Signals.USAR-WSFG
• 17 Jun 2026: Short SI 07-26 @ 68.04 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Silver remains in a broad long-term up-structure that has just transitioned into a sharp weekly downside swing from the 90s and 100s zone back into the low 60s. Price is trading below the weekly, monthly, and yearly fib center lines, keeping the session grid bias aligned to the downside across all timeframes. The short-term pivot structure is still in a DTrend with the next pivot set as a higher pivot high above current price, but the immediate sequence is dominated by lower highs, failed recovery attempts, and a fast momentum selloff. Weekly benchmarks show price under the 5, 10, and 20 day averages, while the 55, 100, and 200 day measures remain higher on the chart, reflecting a larger trend that has not fully broken, but is being tested aggressively. From a futures swing trader perspective, the chart is showing a strong counter-trend decline within a still-forming higher-timeframe advance, with volatility expanded and recent signals confirming downside control.