I'd be careful with getting into the metals until a further breakout is confirmed. The USD could easily ran to 82 or be pushed up to 84 if they really push for it. China and Japan would welcome such numbers as it allows them to sell into the strength.
As far as SLW buy on the dip, I'd rather wait and see if the stock market will sell off to encourage an increase in debt ceiling.
We are way overbought on many levels and strength into retail earnings could totally result still in a serious sell off down to 1100 (which is still way artificially high...). If that were the case SLW could pull back another 8 easily. It ran up way too fast with spot silver running from 18 to 32 in such a short period of time, relative to the past. If that were the case I'd play going long into earnings announcements.