SI Silver Futures Daily Chart Analysis: 2026-Jul-02 07:07 CT

Price Action

Last: 57.235,
Bars: Medium,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: 11%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Jul

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

YSFG Year 2026

Long-Term
YSFG Current: -171%
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 56.130,
4. Pvt. Next: Pvt High 63.730,
5. Levels R: 123.325, 98.225, 91.310, 90.525, 72.070,
6. Levels S: 56.130, 50.260, 47.220, 43.690, 39.670.

Daily Benchmarks

(Short-Term) 5 Day: 59.505 Down Trend,
(Short-Term) 10 Day: 62.245 Down Trend,
(Intermediate-Term) 20 Day: 65.710 Down Trend,
(Intermediate-Term) 55 Day: 71.290 Down Trend,
(Long-Term) 100 Day: 76.600 Down Trend,
(Long-Term) 200 Day: 70.175 Down Trend.

Additional Metrics

ATR: 6.390,
VOLMA: 55116.

Recent Trade Signals

02 Jul 2026: Long SI 09-26 @ 60.595 Signals.USAR-WSFG
02 Jul 2026: Long SI 09-26 @ 60.75 Signals.USAR-MSFG
30 Jun 2026: Long SI 09-26 @ 60.035 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Silver is in a clear downside swing with price pressing near the June/July lows after a series of lower highs and lower lows. The daily structure remains trend-down across the benchmark averages, with price well beneath the 5, 10, 20, 55, 100, and 200-day lines, while the pivot framework confirms a bearish swing state and a fresh low pivot around 56.130. Short-term session fib bias is above the weekly and monthly NTZ centers, but the broader daily trend pressure is still dominant, leaving the market in a recovery attempt inside a larger downtrend. Volatility remains active, volume has been steady, and the chart shows a compressed rebound from oversold conditions rather than a confirmed trend reversal.