The drop off cliff in oil (brent crude in USD) seems to correlate with a spike in goldUSD in times of uncertainty. In my opinion, gold per ounce is on track for $1,900+ within the year to date.
the spread long/short spread ratcheted up in a hurry because shorts feel by 66% like a rock... Sunday night.
I am long $GOLD before the rate hike next week. It is clearly still trending as a safe haven for a falling $DXY. The behavior in February was contrarian with the hawkish news from the Fed wanting to raise rates aggressively in 2018.
Switch to long on Bitcoin based on favorable price action despite a strong DXY and steady Nikkei index.