
SI Silver Futures Weekly Chart Analysis: 2026-Oct-06 07:09 CT
Price Action
- Last: 59.985,
- Bars: Medium,
- Mom: slow.
WSFG Weekly
- Short-Term
- WSFG Current: 23%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month Oct
- Intermediate-Term
- MSFG Current: 3%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: -167%
- 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 59.985,
- 4. Pvt. Next: Pvt high 71.145,
- 5. Levels R: 105.860, 94.345, 91.315, 72.050,
- 6. Levels S: 59.985, 55.790, 51.050, 48.510, 31.695, 28.150.
Weekly Benchmarks
- (Short-Term) 5 Day: 64.860 Down Trend,
- (Short-Term) 10 Day: 65.120 Down Trend,
- (Intermediate-Term) 20 Day: 65.640 Down Trend,
- (Intermediate-Term) 55 Day: 64.840 Down Trend,
- (Long-Term) 100 Day: 55.030 Up Trend,
- (Long-Term) 200 Day: 43.400 Up Trend.
Recent Trade Signals
- 06 Oct 2026: Long SI 12-26 @ 61.88 Signals.USAR-WSFG
- 05 Oct 2026: Long SI 12-26 @ 61.99 Signals.USAR.TR120
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Neutral.
Key Insights Summary
Silver is consolidating near a fresh short-term pivot low at 59.985 after a volatile decline from the 72.050 swing high. The weekly and monthly Fib grids remain positive, but the active pivot structure and declining 5-, 10-, 20-, and 55-period benchmarks define a counter-trend bearish phase. Price remains below the 64.840-65.640 moving-average cluster, while 55.790, 51.050, and 48.510 form the nearest lower structural support sequence. Long-term structure is mixed: the yearly grid is bearish and price is below its yearly balance zone, yet the rising 100- and 200-period benchmarks preserve a positive secular base beneath the current correction.
Chart Analysis ATS AI Generated: 2026-10-06 07:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.