The (silver) price declined in its last intraday trading, due to the stability of the critical resistance level at $39.10, gathering its previous rises and attempting to gain bullish momentum that might assist it to recover and breach this resistance, amid the continuation of the dynamic support that is represented by its trading above EMA50, forming a barrier that prevents the prices decline, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, as we notice the (RSI) reach to exaggerated oversold levels compared to the price move, which suggest the beginning of forming positive divergence.

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Weekly performance report available here: Trading Signal Results Week of July 1418, 2025