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Forecast update for Silver -04-08-2025
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Forecast update for Silver -04-08-2025
Aug 4, 2025 4:56 AM

The price of (Silver) settled in its last trading on the intraday levels, retesting the key resistance level at $37.30, supported by the emergence of the positive signals on the (RSI), reaching overbought levels, indicating the positive momentum around it, accompanied by testing a bearish correctional trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, forming a dynamic resistance that prevents the price recovery on the near-term basis.

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