Silver price declined in its last intraday trading, affected by the continuation of the negative pressure that comes from its move below its EMA50, this decline comes amid the domination of a minor bearish wave on the short-term basis, showing a clear weakness on the bullish momentum, the (RSI) indicators support this scenario, with the emergence of the negative signals from them continuously, reinforcing the chances for the continuation of the decline.

Do you need help in trading decisions? Do you want to learn how to start trading?

Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:

Full coverage of commodities such as gold, oil, silver, and more Full coverage of all major forex currency pairs Full coverage of key global indices and stocks Full coverage of major cryptocurrencies and meme coins Accurate analysis and daily updated price forecasts Exclusive and breaking news Reliable trading ranges for effective risk management Comprehensive educational materials, competitions and prizes! Innovative tools to enhance your trading performance Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.

Join VIP Channel Join Free Channel