SILVER Weekly Summary — Aug 02-08, 2026

Weekly Forecast Review: SILVER

Week of Aug 02-08, 2026

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Silver Weekly Forecast Performance

Forecast Accuracy

• 2026-08-03: Forecast range was 56.25 to 60.94. Actual close was 58.26, which falls within the forecast range.
• 2026-08-04: Forecast range was 55.08 to 59.96. Actual close was 59.43, which falls within the forecast range.
• 2026-08-05: Forecast range was 56.25 to 60.94. Actual close was 62.20, which falls outside the forecast range, indicating a breakout above the upper bound.
• 2026-08-06: Forecast range was 57.62 to 62.89. Actual close was 61.64, which falls within the forecast range.
• 2026-08-07: Forecast range was 59.57 to 64.45. No actual close data available for verification.

Price Movement

• Last close before the week: 57.61 on 2026-08-02
• Latest available close: 61.64 on 2026-08-06
• Highest close in available data: 62.20 on 2026-08-05
• Lowest close in available data: 57.61 on 2026-08-02

Directional Trend

• The available data indicates a net bullish trend, with the price rising from 57.61 on 2026-08-02 to 61.64 on 2026-08-06.

Technical Notes

• There was a breakout above the forecast range on 2026-08-05, indicating a stronger upward movement than anticipated.

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Generated by Stonksmaster Weekly AI