MacroVoices #362 Jeff Snider: Soft Landing or Crash Landing?
Macro Voices
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Is the Dixie Breaking North of 104?
The dollar was incredibly oversold. We got a pretty violent bounce on in the post FOMC and jobs numbers reaction. What the dollar does at 104 is probably going to indicate where the next leg in gold comes. I'm targeting the 38.2 fibretracement, which is at 1838 to add to my longs. It's entirely possible that we could see lower numbers if this turns into a substantial correction.
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