Silver Price reduces some of its early losses

The (silver) price declined in its last trading on the intraday levels, amid the emergence of the negative signals on the (RSI), in attempt to gain positive momentum that might assist it to recover and rise again, leaning on the support level at $37.85, gaining some positive momentum that helped it to reduce some of these early losses, amid the dominance of the main bullish trend on the short-term basis and its trading above EMA50, reinforcing the possibility for the recovery on the near- term basis.