• Silver retreats to $28.09, unable to hold above the crucial $29 mark, indicating potential further declines.
• The 'dark cloud cover' technical pattern suggests vulnerability and possible downward movement.
• Focus remains on silver's ability to sustain above the $28.00 threshold, with key support and resistance levels closely watched.

Silver prices retreat from daily highs reached $29.01, dropping 2.63%, affected by high US Treasury yields, and stirring resistance around the $29.00 threshold. The XAG/USD trades at $28.09, breaking key support levels on its way toward current spot prices.