Many people have an instinctive reaction: Gold prices have fallen, should we buy the dip?

At this point, you should ask yourself two questions:

Is this decline the beginning of a risk, or has the risk already been brought under control?

Is the market undergoing a shakeout, or is someone already supporting it?

Looking back at the SVB incident in 2023, when problems arose in the banking system, gold prices fell due to the liquidity shock, and the market was extremely tense.

But soon, the Federal Reserve stepped in to provide liquidity, and the risk was averted.

resultThat drop actually became a classic buying opportunity.

The same structure has appeared repeatedly in the past few years:

Liquidity shock → brief sell-off → once someone provides support → rapid recovery and continued rise.

In this section, Chen Dapeng from Peifengke will explain a judgment framework that is rarely summarized by a system, based on multiple rounds of real market data:

Why do some declines develop into trends, while others present the best opportunities?