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データ基準日: 2026-10-09 · 決済基準: 取引所最終日次決済価格

Silver (SI=F) Deep Dive | Bullish Breakout Play | 2026-10-10

We initiate a bullish stance on Silver (SI=F) with a target above the 20-day high, driven by a technical breakout above key resistance, tightening COMEX inventories, and a structurally attractive gold/silver ratio. The primary invalidation is a daily close below the 20-day low of 58.73. Silver settled at 61.048 on October 9, marking a 2.73% daily gain and a 1.05% advance over five days, though the 20-day trend remains negative at -6.35%. The metal is testing the upper boundary of its 20-day range, supported by a 2.199 ATR and a 29.2% realized volatility. Supply-side data shows a 0.58% decline in COMEX registered stocks to 102.22 Moz, while ETF holdings have ticked up slightly. The gold/silver ratio sits at 69.07, in the 25th percentile over three years, suggesting silver is relatively strong compared to gold. This setup favors a long bias, with a move toward the 62.663 R2 level as the next logical target.