SI Silver Futures Daily Chart Analysis: 2026-Jul-23 07:07 CT

Price Action

• Last: 60.845,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 46%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 3%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -184%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 61.270,
• 4. Pvt. Next: Pvt low 56.120,
• 5. Levels R: 123.325, 98.225, 91.310, 90.525, 72.070,
• 6. Levels S: 55.000, 50.260, 47.600, 43.690, 39.600.

Daily Benchmarks

• (Short-Term) 5 Day: 57.800 Up Trend,
• (Short-Term) 10 Day: 58.440 Up Trend,
• (Intermediate-Term) 20 Day: 59.183 Up Trend,
• (Intermediate-Term) 55 Day: 66.337 Down Trend,
• (Long-Term) 100 Day: 73.286 Down Trend,
• (Long-Term) 200 Day: 71.035 Down Trend.

Additional Metrics

• ATR: 8.445,
• VOLMA: 55116.

Recent Trade Signals

• 22 Jul 2026: Long SI 09-26 @ 60.845 Signals.USAR-MSFG
• 20 Jul 2026: Long SI 09-26 @ 57.29 Signals.USAR-WSFG
• 20 Jul 2026: Long SI 09-26 @ 57.305 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Silver has produced a short-term rebound from the 55.000 swing low, with price above the weekly and monthly F0% levels and above the rising 5-, 10-, and 20-day benchmarks. The active pivot structure is UTrend, although the intermediate HiLo structure remains DTrend and price is still materially beneath the declining 55-, 100-, and 200-day averages. The 61.270 evolving pivot high defines the immediate rebound ceiling, while 56.120 is the pivot-reversal level and 55.000 remains the major nearby support. This is a countertrend recovery within a broader long-term decline, characterized by elevated daily range volatility and a developing test of the July grid upper area.