SI Silver Futures Daily Chart Analysis: 2026-Nov-03 07:09 CT

Price Action

• Last: 48.620,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 9%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: 4%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -271%
• 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 48.620,
• 4. Pvt. Next: Pvt high 52.070,
• 5. Levels R: 91.415, 91.315, 72.860, 72.050,
• 6. Levels S: 48.620, 48.510, 40.470, 39.780, 31.695.

Daily Benchmarks

• (Short-Term) 5 Day: 52.145 Down Trend,
• (Short-Term) 10 Day: 53.975 Down Trend,
• (Intermediate-Term) 20 Day: 56.495 Down Trend,
• (Intermediate-Term) 55 Day: 60.230 Down Trend,
• (Long-Term) 100 Day: 62.290 Down Trend,
• (Long-Term) 200 Day: 72.085 Down Trend.

Additional Metrics

• ATR: 810,
• VOLMA: 55116.

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: Bearish.

Key Insights Summary

Silver futures are in a decisive daily-chart decline, with large-range bars, fast downside momentum, and price at the active 48.620 pivot-low area. Price is beneath every displayed benchmark from the 5-day through the 200-day average, confirming broad bearish alignment across swing horizons. The October-November leg shows persistent lower highs and lower lows following rejection beneath the monthly grid and the 60.230 to 62.290 moving-average region. The 48.620 and 48.510 supports define the immediate pivot zone, while 52.070 is the next pivot-reversal reference; the chart structure remains downside-dominant unless that lower-high sequence changes.