The price of (silver) witnessed fluctuated trading on its last intraday levels, amid the attempts of gaining bullish momentum that might help it to breach the key resistance level at $49.45, attempting to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, affected by breaching bearish corrective trend line on the short-term basis, taking advantage of its trading above EMA50, which provides renewed bullish momentum.

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