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

Price Action

Last: 64.770,
Bars: Medium,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: 129%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Aug

Intermediate-Term
MSFG Current: 38%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: -139%
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 64.93,
4. Pvt. Next: Pvt low 60.260,
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: 59.955 Up Trend,
(Short-Term) 10 Day: 59.205 Up Trend,
(Intermediate-Term) 20 Day: 58.693 Up Trend,
(Intermediate-Term) 55 Day: 64.015 Down Trend,
(Long-Term) 100 Day: 70.255 Down Trend,
(Long-Term) 200 Day: 71.445 Down Trend.

Additional Metrics

ATR: 8.470,
VOLMA: 55116.

Recent Trade Signals

06 Aug 2026: Long SI 09-26 @ 61.735 Signals.USAR-MSFG
05 Aug 2026: Long SI 09-26 @ 62.15 Signals.USAR.TR720
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: Bullish,
Intermediate-Term: Neutral,
Long-Term: Bearish.

Key Insights Summary

Silver has produced a strong short-term recovery from the 55.000 swing-low area, with price above the 5-, 10-, and 20-day benchmarks and above the weekly and August monthly Fib-grid reference zones. The current UTrend pivot structure confirms improving near-term momentum, although price is now testing the 64.93 pivot-high area and remains beneath the declining 55-, 100-, and 200-day benchmarks. The intermediate structure remains mixed: the monthly grid is positive, but the HiLo pivot trend is still down and the 72.070 resistance level remains the major recovery threshold. The broader yearly grid and longer moving averages retain a bearish trend context despite the sharp August rebound.