SI Silver Futures Weekly Chart Analysis: 2026-Nov-02 11:12 CT

Price Action

• Last: 50.105,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 33%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: 15%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -260%
• 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 48.895,
• 4. Pvt. Next: Pvt high 59.295,
• 5. Levels R: 105.860, 94.345, 91.315, 72.050,
• 6. Levels S: 48.895, 48.510, 31.695, 28.150, 27.375.

Weekly Benchmarks

• (Short-Term) 5 Day: 56.400 Down Trend,
• (Short-Term) 10 Day: 61.385 Down Trend,
• (Intermediate-Term) 20 Day: 62.025 Down Trend,
• (Intermediate-Term) 55 Day: 63.540 Down Trend,
• (Long-Term) 100 Day: 55.900 Up Trend,
• (Long-Term) 200 Day: 43.875 Up Trend.

Recent Trade Signals

• 02 Nov 2026: Long SI 12-26 @ 51.055 Signals.USAR-MSFG
• 28 Oct 2026: Short SI 12-26 @ 53.585 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Silver remains in a sharp corrective swing after the earlier vertical advance, with lower pivot highs and a fresh 48.895 pivot low defining the active short-term structure. Price is below the declining 5, 10, 20, and 55-week benchmarks, while the bounce from the 48.510-48.895 support band reflects an oversold countertrend recovery. The monthly grid remains positive, but the yearly grid is decisively below its F0% level; longer-cycle strength is retained by the rising 100- and 200-week averages. A sustained recovery above 59.295 would alter the immediate pivot sequence, while 48.895 remains the key near-term structural floor.