Thoughts on SLV pushing towards 54

Been watching $SLV today, it's had a decent run up, currently around 53.17. The daily range from 52.855 to 53.935 tells a story of clear upward momentum. If it can clear and hold above the 53.90-54.00 region, that really opens the door for a retest of prior highs. The risk here, as always, is a quick profit-taking flush if that 54 level acts as strong resistance. If it rejects hard there and drops back towards 52.50, then this move looks more like a dead cat bounce than a sustained breakout. Just my two cents, not looking to jump in without further confirmation.