SI Silver Futures Daily Chart Analysis: 2026-Nov-05 07:08 CT

Price Action

• Last: 53.400,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 64%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: 31%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -247%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 53.400,
• 4. Pvt. Next: Pvt low 49.245,
• 5. Levels R: 124.115, 99.015, 91.315, 72.860, 72.050,
• 6. Levels S: 48.620, 48.510, 40.460, 39.780, 31.695.

Daily Benchmarks

• (Short-Term) 5 Day: 50.915 Up Trend,
• (Short-Term) 10 Day: 52.605 Down Trend,
• (Intermediate-Term) 20 Day: 55.495 Down Trend,
• (Intermediate-Term) 55 Day: 59.585 Down Trend,
• (Long-Term) 100 Day: 61.971 Down Trend,
• (Long-Term) 200 Day: 71.655 Down Trend.

Additional Metrics

• ATR: 821.5,
• VOLMA: 41300.

Recent Trade Signals

• 04 Nov 2026: Long SI 12-26 @ 51.815 Signals.USAR-MSFG
• 04 Nov 2026: Long SI 12-26 @ 49.895 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Silver is showing a sharp short-term V-recovery from the 48.620 support area, with medium-sized bars and fast upside momentum lifting price above the 5-day benchmark and establishing a short-term UTrend pivot structure. The rebound remains counter-trend within the broader decline because price is still below the 10-, 20-, 55-, 100-, and 200-day benchmarks, while the intermediate HiLo structure and yearly grid remain down. The 53.400 pivot high is the immediate swing reference following the bounce, while 49.245 defines the next downside pivot reversal level. The chart retains a bearish longer-cycle structure despite the active weekly and monthly grid recovery.