Thanks for the great work. Years ago I read a study by the Chicago School of Business (I think the article was in Stocks and Commodities or something like this). I trade this signal a lot...only buy if above 28 dma...sell if below...turns out gives a very high return
Basically you trade for the 28 day SMA....a lot of analysis showed this was viable...could expand if you want in any case look at the HUI
See the HUI dropped below the 28 SMA until it found a bottom...now it is trading sideways...and slowly up...translating this, gold/silver will trade sideways for perhaps 2-5 more days...then the HUI will attempt to break through the 28 dma (usually on a strong up day)...this is the buy signal...the sell was when we went through the 28 SMA....
see a longer time frame chart (1 year) when the HUI breaks back through the 28 sma...we are off to the races again ...very reliable signal...the time to buy is now as we are moving sideways and up John