SI Silver Futures Daily Chart Analysis: 2026-Oct-08 07:10 CT

Price Action

• Last: 59.495,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -33%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -20%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -191%
• 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 58.790,
• 4. Pvt. Next: Pvt high 63.000,
• 5. Levels R: 124.115, 99.015, 92.100, 91.350, 72.860,
• 6. Levels S: 58.730, 55.790, 51.050, 48.510, 44.480.

Daily Benchmarks

• (Short-Term) 5 Day: 60.955 Down Trend,
• (Short-Term) 10 Day: 61.7 Down Trend,
• (Intermediate-Term) 20 Day: 63.50 Down Trend,
• (Intermediate-Term) 55 Day: 64.68 Down Trend,
• (Long-Term) 100 Day: 65.78 Down Trend,
• (Long-Term) 200 Day: 74.21 Down Trend.

Additional Metrics

• ATR: 165,
• VOLMA: 55116.

Recent Trade Signals

• 08 Oct 2026: Short SI 12-26 @ 59.495 Signals.USAR-MSFG
• 07 Oct 2026: Short SI 12-26 @ 59.91 Signals.USAR.TR120
• 07 Oct 2026: Short SI 12-26 @ 59.875 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Silver remains in a broad daily-chart decline, with price near 59.495 and below every benchmark average from the 5-day through the 200-day. Both pivot structures are in DTrend, while weekly, monthly, and yearly Fib-grid readings remain below their F0%/NTZ areas. The recent decline has accelerated into the 58.790 pivot-low area, making this the immediate structural reference; the next pivot reversal threshold is 63.000. The sequence of lower highs, lower lows, declining moving averages, and recent short-direction system signals defines bearish momentum across swing-trading timeframes.