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

Price Action

• Last: 56.130,
• Bars: Large,
• 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 74.050,
• 5. Levels R: 105.070, 93.555, 90.525,
• 6. Levels S: 56.130, 50.260, 47.720, 30.905, 27.360.

Weekly Benchmarks

• (Short-Term) 5 Day: 68.125 Down Trend,
• (Short-Term) 10 Day: 73.070 Down Trend,
• (Intermediate-Term) 20 Day: 76.555 Down Trend,
• (Intermediate-Term) 55 Day: 64.690 Down Trend,
• (Long-Term) 100 Day: 50.893 Up Trend,
• (Long-Term) 200 Day: 40.175 Up Trend.

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 futures remain in a sharp weekly reversal phase after a vertical advance to the low-90s and high-100s pivot zone, followed by a fast retracement back to the mid-50s. Price is now sitting near the current pivot low at 56.130, with the short-term swing structure turned down and the pivot sequence pointing to the prior high at 74.050 as the next opposite pivot reference. The weekly, monthly, and yearly session fib grids all frame a mixed-to-negative backdrop: short and intermediate session grids still sit above their F0% areas, while the yearly grid remains deeply below its center, reflecting a larger long-term down cycle. Benchmarks show the 5, 10, 20, and 55 day averages all pointing down, while only the 100 and 200 day benchmarks still hold an upward longer-cycle slope. The overall tape shows a volatile impulse move, a failed extension from the prior rally, and a hard return toward lower support bands, with the larger structure now behaving like a bearish retracement inside a still-elevated longer-term trend.