Can also use silver warrants (calls). Smth like 50$/ounce with expiry 2015 runs faster than spot. But use it if you believe that silver is heading higher in the longer term.
Re: GOLD: Triggers Recovery, Eyes Further Upside Pressure.
Gold is a bit subdued this week due to the USDX bounce, but should continue to the upside in the weeks to come. (Note: Do not use this is a trade advice and always protect yourself with SLs).
Is there a connection between the two markets? A probability of 70% bias would do me fine, but with oil being such a wild kid, I do not see such a correlation.
This week gold is likely to be kept down as US T-bonds are being auctioned. When this is over gold is going to continue up. The last week of December is treacherous.
I would recommend to code for Metatrader 4 platform where you can also get a lot of examples of ready made code and can test your scripts and EAs fro free. After that you can move to better platforms ot just continue with MT4. You don't need years of experience for coding and will get to a good...