SI Silver Futures Weekly Chart Analysis: 2026-Aug-04 07:08 CT

Price Action

• Last: 59.190,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: 20%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

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

YSFG Year 2026

• Long-Term
• YSFG Current: -177%
• 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 70.110,
• 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: 58.854 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: 51.472 Up Trend,
• (Long-Term) 200 Day: 41.009 Up Trend.

Recent Trade Signals

• 04 Aug 2026: Long SI 09-26 @ 59.19 Signals.USAR-WSFG
• 30 Jul 2026: Long SI 09-26 @ 58.845 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price is consolidating near 59 following a sharp decline from the 90.525 swing high and remains below the declining 10, 20, and 55-week benchmarks. The active 55.000 pivot low defines the immediate swing structure, while 70.110 is the reversal threshold required to establish a new pivot high. Weekly and monthly Fib grids remain positive, but the broader yearly grid is negative and price is materially below the annual NTZ area near 80. The long-term moving-average structure remains constructive above the rising 100 and 200-week averages, creating a mixed long-term backdrop beneath a bearish short- and intermediate-term corrective swing.