
Rephrased Version:
Silver price declined in the latest intraday session, held back by the resistance at $52.00, which had been identified as our expected target in previous analysis. The pair had attempted to gain bullish momentum to break this level and to ease some of its overbought conditions on the relative strength indicators. However, emerging negative signals and the inability to sustain above the EMA50 limit the prospects for near-term recovery, despite the continued dominance of the main bullish trend and its movement along a short-term minor trendline.
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