SI Silver Futures Weekly Chart Analysis: 2026-Aug-03 07:08 CT

Price Action

• Last: 57.900,
• Bars: Small,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: -9%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Aug

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

YSFG Year 2026

• Long-Term
• YSFG Current: -189%
• 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 70.050,
• 5. Levels R: 105.070, 93.555, 90.525,
• 6. Levels S: 55.000, 50.260, 47.720, 30.905, 27.360.

Weekly Benchmarks

• (Short-Term) 5 Day: 58.850 Down Trend,
• (Short-Term) 10 Day: 63.485 Down Trend,
• (Intermediate-Term) 20 Day: 70.015 Down Trend,
• (Intermediate-Term) 55 Day: 63.700 Down Trend,
• (Long-Term) 100 Day: 51.875 Up Trend,
• (Long-Term) 200 Day: 41.005 Up Trend.

Recent Trade Signals

• 03 Aug 2026: Short SI 09-26 @ 58.13 Signals.USAR-WSFG
• 30 Jul 2026: Long SI 09-26 @ 58.845 Signals.USAR.TR120
• 27 Jul 2026: Long SI 09-26 @ 59.97 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Silver remains in a sharp weekly corrective phase following the failed recovery from the 90.525 pivot area. Price is below the weekly, monthly, and yearly Fib-grid centers and beneath all short- and intermediate-term benchmarks, while both pivot structures remain in DTrend. The 55.000 pivot low is the immediate downside reference, with 50.260 and 47.720 marking the next established support zone. The 70.050 reversal threshold defines the nearest meaningful pivot recovery level. Long-term structure remains supported by rising 100- and 200-period averages, but the current weekly swing is a lower-high, lower-low decline with compressed bars indicating slowing downside momentum near support.