SI Silver Futures Weekly Chart Analysis: 2026-Oct-16 07:09 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Silver remains in a fast, volatile weekly correction following the prior surge toward 105.860. The swing structure is bearish, with lower pivot highs at 94.345, 91.315, and 72.050, while price remains below the declining 5-, 10-, 20-, and 55-week benchmarks. The 55.560 pivot low is the immediate structural support, with 51.050 and 48.510 beneath it; 66.510 is the next pivot-reversal reference above price. Despite the short- and intermediate-term decline, price remains marginally above the rising 100-week average and well above the rising 200-week average, preserving the broader long-term advance amid a pronounced retracement.


Chart Analysis ATS AI Generated: 2026-10-16 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.