SI Silver Futures Daily Chart Analysis: 2026-Oct-11 18:07 CT

Price Action

Last: 58.730,
Bars: Medium,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: -5%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Oct

Intermediate-Term
MSFG Current: -3%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -174%
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 58.730,
4. Pvt. Next: Pvt high 62.790,
5. Levels R: 124.115, 99.015, 92.100, 91.315, 72.860,
6. Levels S: 58.730, 55.790, 51.050, 48.510, 44.480.

Daily Benchmarks

(Short-Term) 5 Day: 60.73 Up Trend,
(Short-Term) 10 Day: 60.87 Up Trend,
(Intermediate-Term) 20 Day: 63.08 Down Trend,
(Intermediate-Term) 55 Day: 64.35 Down Trend,
(Long-Term) 100 Day: 65.36 Down Trend,
(Long-Term) 200 Day: 74.11 Down Trend.

Additional Metrics

ATR: 6.795,
VOLMA: 46000.

Recent Trade Signals

09 Oct 2026: Long SI 12-26 @ 61.34 Signals.USAR-WSFG
09 Oct 2026: Long SI 12-26 @ 60.555 Signals.USAR.TR120
08 Oct 2026: Short SI 12-26 @ 59.495 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Silver’s daily structure remains broadly bearish: price has extended beneath the weekly and monthly Fib-grid centers, formed a new 58.730 pivot low, and remains below every visible intermediate- and long-term benchmark. The 5- and 10-day averages retain upward slopes, reflecting a short-lived countertrend bounce within the larger decline, but price has fallen back below those averages. The 62.790 next-pivot level defines the nearest upside structural threshold, while 58.730 is the immediate swing-low reference; a break below it would expose the lower support sequence beginning near 55.790. Elevated ATR and a sharp October selloff characterize a volatile, fast-momentum decline rather than a stable consolidation.