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

Price Action

• Last: 59.985,
• Bars: Small,
• Mom: slow.

WSFG Weekly

• Short-Term
• WSFG Current: -3%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -8%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -178%
• 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 71.155,
• 5. Levels R: 105.860, 94.345, 91.315, 72.050,
• 6. Levels S: 59.985, 55.790, 51.050, 48.510, 31.695.

Weekly Benchmarks

• (Short-Term) 5 Day: 64.86 Down Trend,
• (Short-Term) 10 Day: 65.12 Down Trend,
• (Intermediate-Term) 20 Day: 65.64 Down Trend,
• (Intermediate-Term) 55 Day: 64.84 Down Trend,
• (Long-Term) 100 Day: 55.03 Up Trend,
• (Long-Term) 200 Day: 43.48 Up Trend.

Recent Trade Signals

• 06 Oct 2026: Long SI 12-26 @ 61.38 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: Bullish.

Key Insights Summary

Silver remains in a short- and intermediate-term corrective swing, with price below the weekly, monthly, and yearly F0%/NTZ areas and beneath the 5, 10, 20, and 55-week benchmarks. The pivot structure remains lower-high/lower-low bearish, although the developing 59.985 pivot low and recent long signals reflect an attempted stabilization near major support. A recovery through 64.84-65.64 would improve the near-term structure, while 55.790 is the next notable support beneath the current pivot low. The longer-cycle backdrop remains constructive because the rising 100- and 200-week averages remain well below price despite the current correction.