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

Price Action

• Last: 53.020,
• 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 53.075,
• 4. Pvt. Next: Pvt high 63.875,
• 5. Levels R: 105.860, 94.345, 91.315, 72.050,
• 6. Levels S: 53.050, 48.510, 31.695, 28.150, 27.375.

Weekly Benchmarks

• (Short-Term) 5 Day: 62.145 Down Trend,
• (Short-Term) 10 Day: 64.665 Down Trend,
• (Intermediate-Term) 20 Day: 63.830 Down Trend,
• (Intermediate-Term) 55 Day: 64.440 Down Trend,
• (Long-Term) 100 Day: 55.545 Up Trend,
• (Long-Term) 200 Day: 43.775 Up Trend.

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 futures remain in a high-volatility corrective selloff following the prior spike toward 105.860. Large weekly bars, fast downside momentum, a DTrend pivot structure, and price beneath the declining 5-, 10-, 20-, and 55-week benchmarks define the near- and intermediate-term bearish sequence. Price is testing the 53.050 pivot-support area, with 48.510 the next lower structural support. The 63.875 pivot-next level and the clustered 63.830-64.665 benchmark zone define the nearest countertrend recovery area. Despite rising 100- and 200-week averages, the yearly grid remains deeply below its F0%/NTZ reference, leaving the longer-cycle structure in a retracement phase.