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Silver Price continues its sideways trading

The (silver) price continued the tight sideways trading in its last intraday levels, amid the dominance of bearish correctional wave on the short-term basis and its affection by breaking a minor bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), after reaching exaggerated overbought levels compared to the price move, increasing the negative pressure on the near-term basis.

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