The (silver) price continued the decline in its last intraday trading, affected by the dominance of minor bearish wave, while it moves alongside a support bias line, indicating the strength of the dominant pressure on the trading, resuming its trading below EMA50, intensifying the strength of the bearish trend.

At the same time, the negative signals come from the (RSI), despite reaching sharp oversold levels, opening the way for limited rebounding attempts on an intraday basis, but the overall technical image remains suggesting more of the downside moves unless it manages to breach critical resistance levels that turns some of the positive momentum back.

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