SI Silver Futures Daily Chart Analysis: 2026-Oct-24 07:07 CT

Price Action

• Last: 53.75,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -66%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -80%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -234%
• 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 53.75,
• 4. Pvt. Next: Pvt high 57.415,
• 5. Levels R: 124.115, 99.015, 92.100, 81.300, 72.860,
• 6. Levels S: 53.075, 51.050, 48.510, 44.480, 40.480.

Daily Benchmarks

• (Short-Term) 5 Day: 57.06 Down Trend,
• (Short-Term) 10 Day: 57.94 Down Trend,
• (Intermediate-Term) 20 Day: 59.195 Down Trend,
• (Intermediate-Term) 55 Day: 62.44 Down Trend,
• (Long-Term) 100 Day: 63.60 Down Trend,
• (Long-Term) 200 Day: 73.255 Down Trend.

Additional Metrics

• ATR: 8.845,
• VOLMA: 55116.

Recent Trade Signals

• 22 Oct 2026: Short SI 12-26 @ 56.35 Signals.USAR.TR120
• 22 Oct 2026: Short SI 12-26 @ 56.41 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Silver is in a fast, high-volatility selloff, with price at 53.75 beneath every daily benchmark and below the weekly, monthly, and yearly Fib-grid reference zones. Both pivot measures remain in DTrend, confirming lower-high and lower-low structure. Price is testing the 53.075 support area after a sharp decline from the October consolidation range; a sustained move beneath that level places 51.050 and 48.510 within the established support sequence. The 57.415 next-pivot threshold and clustered short-term averages near 57.06 to 57.94 define the nearest countertrend recovery zone, while the broader moving-average alignment remains decisively negative.