SI Silver Futures Daily Chart Analysis: 2026-Jul-16 07:07 CT

Price Action

• Last: 56.130,
• Bars: Small,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: -33%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -198%
• 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 62.190,
• 5. Levels R: 123.250, 98.225, 91.310, 90.525, 72.070,
• 6. Levels S: 56.130, 50.260, 47.720, 43.690, 39.690.

Daily Benchmarks

• (Short-Term) 5 Day: 59.085 Down Trend,
• (Short-Term) 10 Day: 59.920 Down Trend,
• (Intermediate-Term) 20 Day: 61.590 Down Trend,
• (Intermediate-Term) 55 Day: 68.085 Down Trend,
• (Long-Term) 100 Day: 74.780 Down Trend,
• (Long-Term) 200 Day: 70.815 Down Trend.

Additional Metrics

• ATR: 830,
• VOLMA: 55116.

Recent Trade Signals

• 15 Jul 2026: Short SI 09-26 @ 57.975 Signals.USAR-WSFG
• 10 Jul 2026: Long SI 09-26 @ 60.38 Signals.USAR-MSFG
• 09 Jul 2026: Long SI 09-26 @ 60.765 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Silver remains in a broad bearish swing structure, with price below every benchmark average and both pivot trend measures in DTrend. The recent decline has compressed into small daily bars near the 56.130 pivot low and July NTZ, reflecting slowing downside momentum and consolidation after the selloff. The 62.190 pivot-next level defines the nearest structural upside reversal threshold, while 56.130 is the immediate support reference; a failure there keeps the lower support sequence in focus. The 72.070 resistance level and declining 20-, 55-, 100-, and 200-day benchmarks frame the larger lower-high trend and sustained long-term weakness.