Silver price posted slight gains during recent intraday trading, supported by holding above the current support level at $67.70. This provided temporary positive momentum, helping the price reduce part of its losses. The move also coincided with attempts to ease oversold conditions on the relative strength indicators, supported by emerging positive signals.

However, the main short-term trend remains bearish, with moving alongside a minor bearish trendline, besides trading below EMA50 maintains negative pressure, which may limit the rise in the near term.