StarXing Ming: Betting on 2026 is similar to siding with the Nationalist Army in 1949
Approximately: Quickly liquidate your spot
$XAUT Quickly open a contract or use GATE TradFi 500x leverage to short $XAU
Here is a summary of five representative gold crash events:
1. 1980–1982: The most catastrophic crash in history
850 → around 300 Drop: about 60%
Core reason: Gold surged throughout the 1970s due to the oil crisis + high inflation, reaching a historic high of $850/oz in January 1980
The Federal Reserve raised interest rates aggressively to combat runaway inflation, causing real interest