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【Important Analysis】The "Three-Step" Script for Gold:
1⃣️ Before the crisis: Smart money hedges risk, institutions allocate gold in advance, and gold prices lead risk assets higher.
2⃣️ During the crisis: Liquidity dries up, institutions sell gold to cover margins.
3⃣️ After the crisis: Central banks flood the market with liquidity, inflation rises, and gold prices experience a V-shaped reversal and an epic surge.
⭐️Verification: 2008, as shown in the chart: