The key figure of YL has been beheaded, which means the war is nearing its end, the rebound of spot gold and silver is basically over, and spot gold has entered a phase of oscillation and adjustment. It signifies that four years of gold gains have quadrupled, leading to a half-year period of correction and fluctuation, followed by a timely rebound. It also suggests that the situation in Cuba two months from now could trigger another upward wave for spot gold.