Silver Commodity Forecast

Sell candidate since Jul 08, 2026 Gain 2.78%

The Silver commodity price fell by -0.96% on the last day (Friday, 10th Jul 2026) from $60.75 to $60.17. During the last trading day the commodity fluctuated 1.55% from a day low at $59.25 to a day high of $60.17. The price has risen in 5 of the last 10 days and is up by 1.99% over the past 2 weeks. Volume fell on the last day along with the commodity, which is actually a good sign as volume should follow the commodity. On the last day, the trading volume fell by -6 thousand shares and in total, 24 thousand shares were bought and sold for approximately $1.42 million.

The commodity lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the commodity is expected to fall -22.87% during the next 3 months and, with a 90% probability hold a price between $41.44 and $56.89 at the end of this 3-month period. Do note, that if the commodity price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

SIUSD Signals & Forecast

There are mixed signals in the commodity today. The Silver commodity holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the commodity. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $61.52 and $64.86. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this commodity may have low liquidity in periods, which increases the general risk. A buy signal was issued from a pivot bottom point on Thursday, June 25, 2026, and so far it has risen 4.78%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Silver commodity

Silver finds support from accumulated volume at $59.22 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This commodity has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the commodity moved $0.92 between high and low, or 1.55%. For the last week the commodity has had daily average volatility of 2.09%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SIUSD) For The Upcoming Trading Day Of Sunday 12th

For the upcoming trading day on Sunday, 12th we expect Silver to open at $59.86, and during the day (based on 14 day Average True Range), to move between $59.14 and $61.19, which gives a possible trading interval of +/-$2.04 (+/-3.45%) up or down from last closing price. If Silver takes out the full calculated possible swing range there will be an estimated 3.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $61.06 (1.49%) than the support at $59.22 (1.56%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Silver commodity A Buy?

Silver holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this commodity.

Current score: -2.512 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 12, 2026 - $59.86 ( 0.510%).

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