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Forecast update for silver-29-06-2026
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Forecast update for silver-29-06-2026
Jun 29, 2026 5:25 AM

Silver declined in its latest intraday trading, after forming negative divergence on the relative strength indicators, followed reaching overbought levels, exaggeratedly compared to the price move and the emergence of the negative signals from them, amid the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the negative pressure due to its trading below EMA50, which represents a dynamic resistance that prevents the full recovery in the near period.

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