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Forecast update for silver-29-05-2026
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Forecast update for silver-29-05-2026
May 29, 2026 6:08 AM

Silver price fluctuated in its recent intraday trading, affected by testing the resistance of its EMA50, forcing the price to halt the strong gains achieved earlier. The metal is now attempting to gain positive momentum that could help it overcome this negative pressure, while also trying to ease some of its overbought conditions on the relative strength indicators after forming a negative divergence as those indicators reached excessively overbought levels compared to price movement, with negative signals beginning to emerge.

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