Silver price rose in its last intraday trading, preparing to attack the key resistance at $49.40, supported by its continued trading above EMA50, and under the dominance of minor bullish wave on the short-term basis and its trading alongside trendline that reinforce the stability of this track, besides the emergence of the positive signals on the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more of the gains on the near-term basis.

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