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Silver is approaching strong resistance near R1 (293k) and below R2 (331k). Previous rejection from this zone was aggressive, showing heavy supply.
Current structure shows hesitation under resistance, and upside momentum is slowing. If rejection confirms here, downside toward pivot 216k is possible, with intermediate support around 250k–235k.
As long as price stays below 290k, sellers have the advantage.
Watch for rejection confirmation at resistance before full conviction.
#BuyTheDipOrWaitNow?