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

Price Action

Last: 63.700,
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: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt low 55.000,
4. Pvt. Next: Pvt high 70.310,
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

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

Key Insights Summary

Silver remains in a highly volatile corrective phase following the prior vertical advance. Weekly pivot structure is bearish, with lower highs and lower lows from the 105.070 peak, and price remains below the declining 20-period benchmark near 70.015. The 55.000 swing-low support defines the current pivot floor, while 70.310 is the pivot reversal threshold. Despite the short-term correction and yearly grid weakness, price remains above the rising 100- and 200-period benchmarks, preserving the larger recovery structure. Recent long signals and positive weekly/monthly grid positioning contrast with bearish pivot and intermediate moving-average alignment, characterizing the market as a counter-trend rebound attempt within a broader consolidation.