The expected downtrend in silver has materialized, with prices falling to the 30 level. Currently, after losing the 32 level, which was acting as an ascending support, the price has moved towards the major support at 29.80. A rebound was observed from this level. On the 5-hour chart, a descending channel structure is visible. If a price move above 30.50 is seen, short-term recoveries in silver are possible, and the price may enter an uptrend towards the 32.27 level.
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