Recently, the Fano resonance has played an increasingly important role in improving the color performance of structural colors. In this study, we further elucidate the asymmetric spectral shape generated by Fano resonance from a phase perspective and explore four distinct continuum state structures. By integrating the proposed cavity-like structure with a metal–dielectric–metal discrete state, multilayered thin-film structural colors with minimal background reflection, as low as 8%, were successfully achieved. The reflection peak of this structure exhibits a bandwidth of approximately 50 nm and reaches up to 80%, indicating heightened saturation and color brightness. Moreover, by adjusting the thickness, we effortlessly obtained a broader color gamut compared to Adobe RGB (45.2%), covering 56.7% of the CIE color space. Even adjusting a single layer can achieve a color gamut of 47.1%. In experiments, by deliberately choosing low oxygen-dependent materials, excellent RGB colors with high brightness and in high consistency with simulation results were successfully achieved. Therefore, the scheme’s simple process for structural color creation, along with its excellent color performance and the ability to effectively replicate simulation characteristics makes it highly valuable in fields like anticounterfeiting, decoration, display devices, and solar cell panels.