SI Silver Futures Daily Chart Analysis: 2026-Jul-09 07:10 CT

Price Action

Last: 58.305,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: -42%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jul

Intermediate-Term
MSFG Current: 6%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: -178%
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 63.320,
5. Levels R: 123.325, 98.225, 91.310, 90.525, 72.070,
6. Levels S: 56.130, 50.260, 47.220, 43.690, 39.690.

Daily Benchmarks

(Short-Term) 5 Day: 60.755 Down Trend,
(Short-Term) 10 Day: 59.930 Down Trend,
(Intermediate-Term) 20 Day: 63.520 Down Trend,
(Intermediate-Term) 55 Day: 69.870 Down Trend,
(Long-Term) 100 Day: 75.735 Down Trend,
(Long-Term) 200 Day: 70.500 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 futures are in a pronounced downtrend with price trading well below the 5, 10, 20, 55, 100, and 200-day benchmarks, confirming sustained bearish structure across all timeframes. The recent selloff from the low 70s into the high 50s shows strong impulse pressure, while the pivot model remains in DTrend with the next opposing pivot still defined as a swing high near 63.320. Weekly Session Fib Grid remains below F0% and the yearly structure is deeply negative, reinforcing a broad downside cycle. The monthly grid is still positive on the current month’s positioning, but the larger daily trend and benchmark alignment dominate, leaving the tape in a persistent bearish breakdown regime with only short-lived countertrend bounce attempts visible in the recent bars.