SI Silver Futures Weekly Chart Analysis: 2026-Aug-05 07:09 CT

Price Action

• Last: 61.695,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 74%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 23%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -156%
• 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 70.220,
• 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: 51.470 Up Trend,
• (Long-Term) 200 Day: 41.005 Up Trend.

Recent Trade Signals

• 05 Aug 2026: Long SI 09-26 @ 61.695 Signals.USAR-MSFG
• 04 Aug 2026: Long SI 09-26 @ 59.675 Signals.USAR-WSFG
• 30 Jul 2026: Long SI 09-26 @ 58.845 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Silver is rebounding sharply from the 55.000 swing-low support area, supported by fresh short-term and monthly long signals and positive weekly and monthly Fib-grid positioning. The prevailing pivot structure remains down, however, with price still below the declining 10-, 20-, and 55-period benchmarks. The 70.220 pivot-reversal level defines the near-term structural recovery threshold, while 55.000 remains the key swing support. The longer moving-average structure remains constructive above the rising 100- and 200-period benchmarks, but the yearly Fib-grid remains bearish following the prior high-volatility selloff from the 90.525 to 105.070 resistance zone.