YLG says gold remains in a long‑term supercycle, support seen at $3,900‑$3,500

Thai firm YLG Bullion & Futures outlines a 71‑year gold "Supercycle" that still has about 16 years remaining. It views the current price pause as a Wave‑4 correction within the larger up‑trend and expects the market to resume higher moves once the correction ends.

YLG points to five supportive factors – especially sustained central‑bank buying and a de‑dollarisation trend – with the World Gold Council reporting that 89 % of the 76 central banks surveyed expect to increase their gold reserves over the next year. Central‑bank purchases in Q1 totaled roughly 244 tonnes, above the five‑year average.

The firm recommends using the $3,900‑$3,500 per ounce zone as a key buying range, with stronger support near $3,966‑$3,900 and further depth at $3,624‑$3,500. The next major resistance is projected around $4,382‑$4,200, and a break above could open a path toward $5,260‑$4,890.