Gold Falls as Euro Slides

Sprint Nextel (S)

Yahoo! (YHOO)

Cisco (CSCO)

Netflix (NFLX)

Apple (AAPL)

Time Warner Inc. Reports Strong Results

Moody’s Reports Earnings

Emerson Near Resistance

Advance Auto Parts Upside Looming?

Above Resistance - Starbucks

Gold Falls as Euro Slides

Published on Thursday, 20 May 2010 07:32 Written by Danny Miller

gold New York, May 20th (TradersHuddle.com) – The Spider Gold (NYSE:GLD), will likely see further weakness into the start of today’s trading session.

Gold fell in London, extending the biggest drop in more than three months, as market participants sold the precious metal after it rally to a record last week, with influential pundits advising to exit the trade as it became crowded.

Gold had move higher, touching an all-time high of $1,249.40 an ounce, despite Dollar strength as investors sought it as safe have to escape uncertainty over the future of the euro.

Gold for immediate delivery was loosing close to 1% in London.

ETFs For QE3: More Than Just GLD - Benzinga
How to Trade a Greek Default - Benzinga
Stocks Record Small Losses on Greek Debt Deal Delay - Benzinga
Central Bankers Weaken Their Currencies, Boost Gold - Benzinga
Major Averages Close Mixed - Benzinga
Stocks Close Marginally Lower as Treasuries Surge - Benzinga
Forbes on Politics, Taxes, and the Fed - TheStreet.com
Cramer's 'Mad Money' Recap: Global Prospects Brighten (Update 1) - TheStreet.com
Commodity Options: What 2011 Taught Us - TheStreet.com
What to Do About Gold - TheStreet.com

Volatile market? That's when profit potential skyrockets for options traders. Now you can get up to 50 trade opportunities a week from top options experts -- plus much more -- on our exciting new site OptionsProfits. Try it FREE!