The (silver) price rose in its last intraday trading, but it remains under the dominance of the bearish correctional trend on the short-term basis, with the continuation of its trading alongside a bias line that indicates the negative pressures, and its stability below EMA50 reinforces this pressure and limits the strength of the current rise.
The (RSI) began showing negative overlapping signals after reaching overbought levels, indicating the weakness of the positive momentum and a potential return to the selling pressure on the near-term basis unless they breached the resistance levels.
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