SI Silver Futures Daily Chart Analysis: 2026-Jul-08 07:06 CT

Price Action

• Last: 61.085,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -45%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jul

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

YSFG Year 2026

• Long-Term
• YSFG Current: -180%
• 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 63.570,
• 5. Levels R: 123.325, 98.225, 91.310, 90.525, 72.070,
• 6. Levels S: 56.130, 50.260, 47.720, 43.690, 39.670.

Daily Benchmarks

• (Short-Term) 5 Day: 61.03 Up Trend,
• (Short-Term) 10 Day: 60.325 Up Trend,
• (Intermediate-Term) 20 Day: 64.045 Down Trend,
• (Intermediate-Term) 55 Day: 70.29 Down Trend,
• (Long-Term) 100 Day: 76.005 Down Trend,
• (Long-Term) 200 Day: 70.43 Down Trend.

Additional Metrics

• ATR: 165,
• VOLMA: 55116.

Recent Trade Signals

• 08 Jul 2026: Short SI 09-26 @ 61.085 Signals.USAR-WSFG
• 07 Jul 2026: Short SI 09-26 @ 60.66 Signals.USAR.TR120
• 06 Jul 2026: Long SI 09-26 @ 62.805 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Silver is pressing lower after a sharp selloff from the low 70s, with price now below the 20, 55, 100, and 200 day benchmarks, while only the very near-term 5 and 10 day averages remain above the tape. The short-term pivot structure is still in DTrend, and the weekly fib grid stays below its midline, reinforcing downside control at the swing level. Monthly structure remains more constructive than the shorter timeframes, but the current price is still trading below the upper monthly value area and has not reclaimed the prior breakdown zone. Recent action shows a fast bearish impulse with lower highs and lower lows, while nearby support sits at the 56.130 pivot and then 50.260 if weakness extends.