SI Silver Futures Weekly Chart Analysis: 2026-Oct-12 07:08 CT

Price Action

Last: 61.202,
Bars: Small,
Mom: slow.

WSFG Weekly

Short-Term
WSFG Current: -9%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Oct

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

YSFG Year 2026

Long-Term
YSFG Current: -176%
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 69.490,
5. Levels R: 105.860, 94.345, 91.315, 72.050,
6. Levels S: 58.730, 55.790, 51.050, 48.510, 31.695.

Weekly Benchmarks

(Short-Term) 5 Day: 63.740 Down Trend,
(Short-Term) 10 Day: 65.385 Down Trend,
(Intermediate-Term) 20 Day: 64.820 Down Trend,
(Intermediate-Term) 55 Day: 64.705 Down Trend,
(Long-Term) 100 Day: 55.325 Up Trend,
(Long-Term) 200 Day: 43.600 Up Trend.

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: Neutral.

Key Insights Summary

Silver is consolidating near 61.202 after an exceptionally volatile advance and sharp retracement cycle. Weekly price remains below the declining 5-, 10-, 20-, and 55-period benchmarks, while the DTrend pivot structure reflects lower highs from 105.860 through 94.345, 91.315, and 72.050. The 58.730 pivot low is the immediate structural reference, with 55.790 and the rising 100-period average near 55.325 forming a deeper support cluster. Long-term structure remains mixed: price is above rising 100- and 200-period averages, but the yearly grid and intermediate swing structure remain downward. The recent short-term long signals reflect a bounce from support, whereas the monthly signal remains short, defining a counter-trend recovery within a broader corrective phase.