Gold Mining Old Cat · Medium-to-Long Term Bottom Fishing Strategy in Gold | Building a Bottom During Sharp Decline, Non-Farm Data Sets the Direction, Welcome to Join the Synchronization and Follow the Layout

Gold Mining Old Cat
March 19, 2026

Previously, gold was under continuous pressure at the 5030 high level, and several breakout attempts failed. At that time, we were observing and waiting for Wednesday’s data. When the data was released, it was entirely bearish, and we immediately targeted the 4800~4600 range. Now, this target has been fully reached, and the price action is completely in line with our earlier predictions.

Tomorrow’s key non-farm payroll data will be crucial for the next market trend and is the core point for our medium-to-long term bottom fishing layout. If the non-farm data continues to be negative, gold is likely to keep declining, with the bottom probably around 4400. We will then officially start our medium-to-long term position in the 4400~4500 range, entering in batches and gradually adding to positions, keeping the overall cost around 50 points. Medium-to-long term trading inherently involves larger price swings and higher tolerance for errors; profits and losses originate from the same source. If your target is a few hundred points, controlling costs around 50 points is completely normal, and there’s no need to worry about small fluctuations.

If the non-farm data turns out to be bullish, the market will likely rebound slightly first, then stabilize and possibly surge above 4900, followed by oscillations between 4900 and 5000. The chance of a direct surge above 5000 in one move is not very high, so our rebound target will probably be in the 4900~5000 range.

Let me be straightforward: those with limited capital should avoid medium-to-long term trading. Such strategies must be tailored to your own position size and capital capacity. Without sufficient error tolerance, holding medium-to-long term positions will only make you more passive.

After this sharp decline in gold, the opportunity for medium-to-long term bottom fishing is now very clear. We have all the details mapped out: the bottom zone, entry points, position-adding rhythm, and risk control plan. If you want to follow Gold Mining Old Cat’s current bottom fishing layout, avoid missing out, avoid reckless trading, and avoid getting caught in losses—welcome to join us, synchronize with the rhythm, and together confidently seize this major wave of profit.