The (silver) price declined in its last trading on the intraday levels, due to its break to a bullish trend line on the short-term basis, and surpassing the support of its EMA50, which intensified the negative pressure on its last trading, reducing the chances of its recovery in the near term basis, especially with the emergence of negative overlapping signals on the relative strength indicators, after the price success in offloading its oversold levels, opening the way for recording more of the losses in the upcoming period.
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