Silver UpdateMFI went oversold so I assume up. I'm not bullish on silver so don't yell at me if it doesn't go up, lol.
Micro Silver Futures (May 2027)
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Silver (SI1!) | Elliott Wave Structure and the Paths AheadSilver (SI1!) | Elliott Wave Structure and the Paths Ahead
Silver’s long-term structure remains focused on the aggressive Elliott Wave scenario, shown by the blue path.
Under this count, Silver may have completed a major Wave 1 at the 2011 peak, followed by a deep and complex Wave 2 correction. Th
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SI (silver) UpdateMFI hit oversold so we probably see a bounce like the circled spot. I'm still bearish for the Fed meeting tomorrow though.
SI UpdateTesting support from last week, if it breaks then it's headed to the next one down, I've got it marked. Probably gonna retest that support anyways on Wed with teh Fed meeting coming up. Indicators are not oversold yet unlike BTC.
Silver Mini MCX Fut Intraday Technical Analysis for 31st July,26MCX:SILVERM1!
Silver Mini Futures (MCX) | Technical Structure | July 31, 2026
Silver Mini is trading around 222,600, sitting directly on the 222,600 Zero Line. The contract has staged a solid multi-candle recovery off its lower structural demand zone near 218,056, pushing back up to test the cent
SI UpdateMarket down big, silver not moving. Looks to me like $57 is the happy spot for silver, $4k for gold. We'll see if the Fed can tank gold, if not then there's no trade here.
Silver UpdateSilver and gold gapped up like index futures, the gap needs to fill. Looks like silver is already headed that way. Fed meeting Wed.
Short Term Gold Rally over?RSI and TTM are looking better while price continues to sag. This is a classic bullish divergence in a strong down trend. In other words, selling momentum is slowing down—the bears are running out of aggressive velocity.
But price requires capital inflows to actually turn. Until price breaks above
SI UpdateGeez I wish I had shorted this yesterday when it hit oversold. Looks like it was just a gap fill trade and not a rally. RSI headed to oversold then you'll see a bounce.
Expecting market to bounce today
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Summarizing what the indicators are suggesting.
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently asked questions
The current price of Micro Silver Futures (May 2027) is 63.490 USD — it has risen 3.43% in the past 24 hours. Watch Micro Silver Futures (May 2027) price in more detail on the chart.
The volume of Micro Silver Futures (May 2027) is 6.00. Track more important stats on the Micro Silver Futures (May 2027) chart.
The nearest expiration date for Micro Silver Futures (May 2027) is May 26, 2027.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Micro Silver Futures (May 2027) before May 26, 2027.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Micro Silver Futures (May 2027) this number is 59.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Micro Silver Futures (May 2027) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Micro Silver Futures (May 2027). Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Micro Silver Futures (May 2027) technicals for a more comprehensive analysis.