SI Silver Futures Daily Chart Analysis: 2026-Jul-20 07:07 CT

Price Action

• Last: 57.470,
• Bars: Medium,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: 19%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: -5%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -196%
• 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 55.000,
• 4. Pvt. Next: Pvt high 60.650,
• 5. Levels R: 123.325, 98.225, 91.310, 90.525, 72.070,
• 6. Levels S: 55.000, 50.260, 47.720, 43.690, 39.607.

Daily Benchmarks

• (Short-Term) 5 Day: 57.405 Down Trend,
• (Short-Term) 10 Day: 59.015 Down Trend,
• (Intermediate-Term) 20 Day: 60.125 Down Trend,
• (Intermediate-Term) 55 Day: 67.240 Down Trend,
• (Long-Term) 100 Day: 74.195 Down Trend,
• (Long-Term) 200 Day: 70.835 Down Trend.

Additional Metrics

• ATR: 640,
• VOLMA: 55116.

Recent Trade Signals

• 20 Jul 2026: Long SI 09-26 @ 57.29 Signals.USAR-WSFG
• 20 Jul 2026: Long SI 09-26 @ 57.305 Signals.USAR.TR120
• 17 Jul 2026: Short SI 09-26 @ 56.19 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Silver is attempting a short-term bounce from the 55.000 pivot low, with price marginally above the 5-day benchmark and the weekly grid retaining an upward bias. The broader swing structure remains bearish: both pivot trends are down, price is below the 10-, 20-, 55-, 100-, and 200-day benchmarks, and the monthly and yearly grids remain below their F0% references. The 60.650 pivot-next level and 60.125 20-day average define the nearby countertrend recovery area, while 55.000 remains the immediate structural support. Reduced momentum and declining volume participation characterize the current rebound within the larger downtrend.