Which Way for Silver?

As rates keep pushing higher, we had an impressive opening pop in the precious metals only to see the usual fade. 

The good news for bulls is that they seem to be closing well here. Headed into the CPI print tomorrow morning, another big test looms for the metals. But the SLV daily chart, below, continues to look ripe for a fresh breakout higher, and I defer to those technicals against the backdrop of sticky high inflation and commodity supply issues.